Categories AlphaGraphs, Earnings, Health Care

Medtronic (MDT) Earnings: 1Q21 Key Numbers

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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Also Read:  NovoCure (NVCR): Why this medtech firm matters

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