Medtronic plc reports strong first-quarter results and raises fiscal 2027 outlook

Medtronic plc reported first-quarter revenue of $9.756 billion, a 13.7% increase on both a reported and organic basis. The company's adjusted earnings per share reached $1.45, exceeding analyst expectations. These results were supported by broad-based demand and momentum across several growth platforms, particularly in the cardiovascular segment, where revenue grew 19.5%.

Sources

• Medtronic
  Medtronic reports first quarter fiscal 2027 results; delivers broad-based portfolio performance and raises fiscal 2027 guidance
• Yahoo Finance
  Medtronic Q1 Earnings Call Highlights
• Seeking Alpha
  Medtronic stock gains on Q1 beat, guidance hike (MDT:NYSE)
• TradingView
  Medtronic Unleashes $780 Million Deal Spree After Strong Quarter

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Paywall and unreadable sources

• WSJ
  Medtronic Lifts Outlook, Invests Over $700 Million in Heart Tech & Robotics