Medtronic Q1 Earnings: Non-GAAP EPS and Revenue Exceed Expectations

Tuesday, 20 August 2024, 10:47

Medtronic's Q1 earnings report reveals a Non-GAAP EPS of $1.23, surpassing expectations by $0.03. Additionally, the company's revenue of $8B exceeds estimates by $100M, showcasing strong financial performance.
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Medtronic Q1 Earnings: Non-GAAP EPS and Revenue Exceed Expectations

Medtronic Reports Impressive Q1 Earnings

Medtronic's latest financial results indicated a Non-GAAP EPS of $1.23, which beats forecasts by $0.03. The company also achieved a total revenue of $8B, exceeding analysts' expectations by $100M.

Key Financial Highlights

  • Non-GAAP EPS: $1.23
  • Revenue: $8B
  • Beats EPS Expectations By: $0.03
  • Beats Revenue Expectations By: $100M

Implications for Investors

This impressive performance positions Medtronic favorably in the market, potentially enhancing investor confidence and impacting future stock performance.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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