Medtronic beats quarterly profit estimates on strength in medical devices demand

Reuters
02-18
Medtronic beats quarterly profit estimates on strength in medical devices demand

Feb 18 (Reuters) - Medtronic MDT.N beat Wall Street estimates for quarterly profit on Tuesday, on strong demand for its medical devices.

On an adjusted basis, the medical device maker reported third-quarter profit per share of $1.39, compared to analysts' estimate of a profit of $1.36 per share, according to data compiled by LSEG.

(Reporting by Puyaan Singh and Sriparna Roy in Bengaluru; Editing by Pooja Desai)

((Puyaan.Singh@thomsonreuters.com;))

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