Enter your email address to get the most updated notifications of top news posts by email once a day. This quarterly webcast can be accessed by clicking on the Investor Events link at investorrelations.medtronic.com and this earnings release will be archived at newsroom.medtronic.com. View Medtronic stock / share price, financial statements, key ratios and more at Craft. Minimally Invasive Therapies Group includes devices and therapies for neurological problems and imaging systems among other products. Cardiac and Vascular Group Please check your download folder. SI fourth quarter revenue of $1.513 billion increased 5.9 percent on a comparable, constant currency basis, driven by growth from new products in Advanced Energy and Advanced Stapling, including LigaSure(TM) vessel sealing instruments with nano-coating, endo stapling specialty reloads, and the Signia(TM) powered stapler. LivaNova Confirms Receipt of Letter from PrimeStone Capital, Advanced NanoTherapies Raises $5.3 Million in Seed-Round Financing, Itamar™ Medical Announces Third Quarter Preliminary Revenue Results and Reinstates Revenue Guidance for Full Year 2020, View Fourth Quarter and FY18 Financial Schedules & Non-GAAP Reconciliations, View Fourth Quarter and FY18 Earnings Presentation. Non-GAAP financial measures should be considered supplemental to and not a substitute for financial information prepared in accordance with U.S. generally accepted accounting principles (GAAP), and investors are cautioned that Medtronic may calculate non-GAAP financial measures in a way that is different from other companies. Medtronic 2020 Proxy Statement - SEC form 14A, Medtronic plc 2019 CEO Letter to Shareholders, Medtronic 2019 Proxy Statement - SEC form 14A, Medtronic plc 2018 CEO Letter to Shareholders, Medtronic 2018 Proxy Statement - SEC form 14A, Medtronic plc 2017 CEO Letter to Shareholders, Medtronic 2017 Proxy Statement - SEC form 14A, Medtronic plc 2016 CEO Letter to Shareholders, Medtronic plc Fiscal Year 2016 Proxy Statement - SEC form 14A, Medtronic plc 2015 CEO Letter to Shareholders, Medtronic plc Fiscal Year 2015 Proxy Materials, Medtronic Inc 2014 CEO Letter to Shareholders, Medtronic 2014 Proxy Statement - SEC form 14A, Medtronic SEC Filing Form S-4A No 5 - Filed 11-20-2014, Dividend Reinvestment Payment History - DRIP. Medtronic does not attempt to provide reconciliations of forward-looking non-GAAP EPS guidance to projected GAAP EPS guidance because the combined impact and timing of recognition of these potential charges or gains is inherently uncertain and difficult to predict and is unavailable without unreasonable efforts. Reconciliations of the non-GAAP financial measures to the most directly comparable GAAP financial measures are included in the financial schedules accompanying this press release. Restorative Therapies Group Coronary declined in the low-single digits, as mid-single digit declines in drug-eluting stents offset mid-teens growth in coronary balloons and high-single digit growth in guide catheters, all on a constant currency basis. Arrhythmia Management grew in the mid-single digits on a constant currency basis, driven by high-twenties growth of the TYRX® Absorbable Antibacterial Envelope, high-teens growth of the Reveal LINQ(TM) Insertable Cardiac Monitoring System, and mid-teens growth in AF Solutions, all on a constant currency basis. Such items could have a substantial impact on GAAP measures of financial performance. If current exchange rates hold, revenue growth in fiscal year 2020 would be negatively affected by 1.0 to 1.5 percent. Medtronic market cap is $143.8 b, and annual revenue was $28.91 b in FY 2020. Fiscal Year 2017. Restorative Therapies GroupThe Restorative Therapies Group (RTG) includes the Spine, Brain Therapies, Specialty Therapies, and Pain Therapies divisions. NON-GAAP FINANCIAL MEASURESThis press release contains financial measures and guidance, including adjusted net income and adjusted diluted EPS, which are considered “non-GAAP” financial measures under applicable SEC rules and regulations. The best place for the Latest Cardiac and Vascular News. Diabetes Group fourth quarter revenue of $626 million decreased 2.9 percent as reported or increased 0.6 percent on a constant currency basis. Use of different methods for preparing, calculating or presenting information may lead to differences and such differences may be material. fourth quarter revenue of $994 million decreased 1.1 percent as reported or increased 3.6 percent on a constant currency basis, led by low-double digit constant currency growth in sales of transcatheter aortic valves, reflecting the clinical benefits of the CoreValve® Evolut® PRO platform, and high-single digit growth in Cardiac Surgery. This process is automatic. In fiscal year 2019, the company expects organic revenue growth to be in the range of 4.0 to 4.5 percent. Excluding the $1.1 billion payment, fiscal year 2018 free cash flow would have been $4.7 billion. Both documents can also be accessed by visiting newsroom.medtronic.com. Mazor X is a trademark of Mazor Robotics. Notify me of follow-up comments by email. You can play with assumptions, or try scenarios, as-well-as ask questions to other users and experts. ~ for more details. APV fourth quarter revenue of $497 million increased 8.8 percent, or 4.8 percent on a constant currency basis. Its Largest Segments In Terms of Revenues Is Cardiac & Vascular Group, Which Accounted For 38% of Total Revenues In Fiscal 2019. Shareholders of record at the close of business on October 15, 2020, will be eligible to vote at the meeting. This quarterly webcast can be accessed by clicking on the Investor Events link at investorrelations.medtronic.com and this earnings release will be archived at newsroom.medtronic.com. As reported, fourth quarter GAAP net income and diluted earnings per share (EPS) were $1.460 billion and $1.07, respectively. CVG fiscal year 2019 revenue of $11.505 billion increased 1.3 percent as reported and 2.9 percent on a constant currency basis. In this Saturday, Aug. 25, 2018 photo, sales representatives for Medtronic and Boston Scientific ... [+] work their booths at the NYC Neuromodulation Conference in New York.
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