Medtronic plc (NYSE: MDT) reported fourth-quarter 2021 earnings results today.
Worldwide revenue was $8.2 billion, up by 37% on a reported basis and 32% on an organic basis.
GAAP net income attributable to Medtronic was $1.36 billion, or $1.00 per share, compared to $646 million, or $0.48 per share, last year. Adjusted net income rose 162% year-over-year to $2.03 billion, or $1.50 per share.
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It is estimated that the alternative investments industry has expanded at a compound annual rate of 10.2% over the past ten years and had $11 trillion in assets under management