Medtronic Stock Rises After Beating Earnings and Revenue Estimates
Medtronic (MDT) stock rose 5.3% after reporting better-than-expected fiscal Q4 earnings of $1.55 per share on revenue of $9.8 billion, surpassing analyst forecasts. The company reported its highest annual revenue growth in a decade at 9.9%, driven by both organic and acquisition-related gains.
Tickers: $MDT
Topics: earnings medical devices revenue growth