NYSE:MDTMedical Equipment
Medtronic (MDT) Reports US$8,578 Million Q1 Sales and Appoints New Directors
Medtronic (MDT) recently reported its Q1 FY2026 earnings, showing an increase in sales to $8,578 million, while net income saw a slight decline. The company also set its guidance for organic revenue growth at 5% for the fiscal year, a detail reinforced by recent board and executive changes. Over the last quarter, MDT's shares moved up by 7.5%, a gain that contrasts with modest technological downturns affecting major indices like the S&P 500 and Nasdaq. Within this setting, Medtronic's...