Medtronic plc (NYSE: MDT) reported second quarter 2021 earnings results today.
Worldwide revenue was $7.64 billion, down 0.8% on a reported basis and 1.5% on an organic basis.
GAAP net income attributable to Medtronic was $489 million, or $0.36 per share, compared to $1.3 billion, or $1.01 per share, last year. Adjusted net income fell 22% year-over-year to $1.38 billion, or $1.02 per share.
Due to the uncertainty caused by the COVID-19 pandemic, the company is not providing annual or quarterly financial guidance at this time.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Labor market conditions improved once again and jobless claims dropped to about 400,000 after rising last week, as economic activity picked up. Stocks rallied in the action-packed week and benchmark
In the first half of 2021, a record number of private companies entered stock markets in the US, marking a multifold increase from the same period of 2021. The IPO
Energy giant ExxonMobil Corporation (NYSE: XOM) reported a profit for the second quarter of 2021, compared to a loss last year, even as operating conditions continued to improve. The results