Medtronic PLC

MDT: XNYS (USA)
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Medtronic Earnings: New Product Launches Lifted Quarterly Results; No Change to Our Valuation

For the fiscal second quarter, Medtronic reported revenue and earnings growth of 6% (organic) and 8%, respectively. The pulsed field ablation, or PFA, portfolio drove up the cardiac ablation solutions business 71% year over year.

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