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Medtronic profit more than doubles on recovery in base business

Tiger Newspress2021-05-27

Medtronic plc (NYSE:MDT) today announced financial results for its fourth quarter and fiscal year 2021, which endedApril 30, 2021.

- Q4 Revenue of$8.2 Billion Increased 37% Reported and 32% Organic.

- Q4 GAAP Diluted EPS of$1.00; Q4 Non-GAAP Diluted EPS of$1.50.

-Net income attributable to the company rose to $1.36 billion, or $1 per share, in the quarter ended April 30, from $646 million, or 48 cents per share, a year earlier.

- Quarterly Dividend Increased to$0.63, Annual$2.52 from Prior$2.32; 44th Consecutive Year of Dividend Increases.

- Company Issues FY22 Guidance.

- Guidance Reflects FY22 Revenue Growth above Street Consensus, Investment Ahead of Major Product Launches, and Largest Planned R&D Increase in Company History.

Medtronic shares were unchanged in premarket trading.

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Comment14

  • Jayden86_
    ·2021-05-27
    Pls help to like and comment ?
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    • Jaslen
      CommenT please
      2021-05-27
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  • 名字真难起
    ·2021-05-27
    Like & comment please, thanks
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    • Jayden86_
      Pls comment back
      2021-05-27
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  • AlphaSpiker
    ·2021-05-27
    Strong bull!!! 
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  • Ivanchua
    ·2021-05-27
    Please comment and like
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    • Chong5636
      please response. thanks
      2021-05-27
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    • Chong5636Replying toJKJKJK
      done
      2021-05-27
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    • JKJKJK
      Pls reply back thanks!
      2021-05-27
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    View more 1 comments
  • Styr
    ·2021-05-27
    Ok
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  • tiangxinyuan
    ·2021-05-27
    [流淚] 
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    • Ivanchua
      Why
      2021-05-27
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  • Jefflim
    ·2021-05-27
    Hello
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  • CaptainMiya
    ·2021-05-27
    Just need a comment please [Salute] 
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    • Ivanchua
      Hiokok
      2021-05-27
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    • CaptainMiya
      [ShakeHands][ShakeHands]
      2021-05-27
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    • btoh
      reply to comment pls ty
      2021-05-27
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  • edwinong
    ·2021-05-27
    Comment
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  • Alfred1007
    ·2021-05-27
    Looks quite consistent!
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  • Cloud7
    ·2021-05-27
    Ok
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    • Cloud7
      Ok
      2021-05-27
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  • yl2021
    ·2021-05-27
    Like & comments. Thanks
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  • HH浩
    ·2021-05-27
    Medical device company never fails to surprise its investors of their resilient business. 
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    • HH浩
      Thanks
      2021-05-27
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    • HuiBing
      ok!
      2021-05-27
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  • VRX
    ·2021-05-27
    Like and comment pls, thnks
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    • HH浩
      Reciprocate
      2021-05-27
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