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Article: Medtronic Reports Second Quarter Revenue of $3.124 Billion and Diluted EPS of $0.58.(Financial report)
- Article from:
- Business Wire
- Article date:
- November 19, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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* Double Digit Revenue Growth Outside the U.S.
* Voluntary Suspension of Fidelis[R] Lead Significantly Impacted Quarterly Results
MINNEAPOLIS -- Medtronic, Inc. (NYSE:MDT) today announced financial results for its second quarter of fiscal year 2008, which ended October 26, 2007.
Medtronic recorded second quarter revenue of $3.124 billion, a two percent increase over the $3.075 billion reported in the second quarter of fiscal year 2007. Non-U.S. revenue of $1.166 billion grew 12 percent including the $73 million positive benefit of currency translation. For the quarter, 37 percent of Medtronic's revenue was from outside the U.S. Net earnings for ...