Medtronic plc (NYSE:MDT) reported first quarter 2021 earnings results today.
Worldwide revenue decreased 13% to $6.5 billion.
GAAP net income was $487 million, or $0.36 per share, compared to $864 million, or $0.64 per share, last year. Adjusted net income decreased 51% to $836 million, or $0.62 per share.
The company is not providing guidance at this time due to the prevailing uncertainty related to the COVID-19 pandemic.
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