Your email has been successfully added to our mailing list.

×
0 0 0 0 0.00117096018735356 0.0120608899297424 0.0158079625292739 0.0210772833723653
Stock impact report

Heart, diabetes devices pump up Medtronic's quarterly profit [Reuters]

Medtronic plc. Ordinary Shares (MDT) 
Last medtronic plc. ordinary shares earnings: 2/18 06:45 am Check Earnings Report
US:NYSE Investor Relations: investorrelations.medtronic.com
Company Research Source: Reuters
Heart, diabetes devices pump up Medtronic's quarterly profit | Reuters Reuters Staff 2 Min Read (Reuters) - Medtronic Plc ( MDT.N ) reported a better-than-expected quarterly profit on Thursday on higher demand for its heart valves and diabetes devices such as insulin pumps. Sales in the cardiac and vascular unit, which sells defibrillators, pace-makers, heart valves and stents, jumped 10.1 percent to $3.14 billion in the fourth quarter, accounting for 38.5 percent of the company’s total sales. Rival Edwards Lifesciences Corp ( EW.N ) last month said its premium-priced transcatheter heart valves had lost market share in Europe to Medtronic. Medtronic’s coronary & structural heart unit, which houses the transcatheter valves, saw sales of $1.01 billion, an 18.7 percent increase. Sales in the company’s diabetes unit rose 26 percent to $645 million, helped by strong demand for its new sensor-augmented insulin pump systems. Net income attributable to the company jumped 25.5 percent to $ Show less Read more
Impact Snapshot
Event Time:
MDT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MDT alerts
Opt-in for
MDT alerts

from News Quantified
Opt-in for
MDT alerts

from News Quantified