Medtronic reports first quarter fiscal 2022 financial results

Dublin, aug. 24, 2021 /prnewswire/ -- medtronic plc (nyse:mdt) today announced financial results for its first quarter of fiscal year 2022, which ended july 30, 2021. key highlights revenue of $8.0 billion increased 23% reported and 19% organic gaap diluted eps of $0.56; non-gaap diluted eps of $1.41 company reiterates fy22 revenue guidance; raises lower end of fy22 eps guidance by 5 cents "fy22 is off to a strong start - q1 reflects solid execution & continued procedure recovery" chairman & ceo geoff martha  the company reported first quarter worldwide revenue of $7.987 billion, an increase of 23% as reported and 19% on an organic basis, which excludes the $245 million benefit of foreign currency translation.
MDT Ratings Summary
MDT Quant Ranking