Medtronic’s Q4 fiscal 2023 earnings per share is expected to be $1.56 per Trefis analysis, in line with the consensus estimate. Medtronic’s net income of $1.7 billion in Q3 reflected a 6% fall ...

Medtronic is among the world’s largest makers of medical devices. - Jenn Ackerman for WSJ Medical-device maker Medtronic plans to separate its diabetes business into a stand-alone company, the ...

Under Medtronic’s plan, the new unnamed company will also be publicly traded, Medtronic said. The diabetes business generated nearly $2.8 billion in sales in its most recent fiscal year ...

Medtronic is targeting completion of the planned separation within 18 months of the initial announcement, subject to customary conditions and legal requirements including consultations with works ...

Feb 9 (Reuters) - A unit of medical device maker Medtronic plc (MDT.N), opens new tab must pay $106.5 million to competitor Colibri Heart Valve LLC for patent infringement, a Santa Ana ...

Medtronic plans to separate from its diabetes business and launch it as an independent company—one that will count more than 8,000 global employees and carry a nearly $3 billion portfolio of ...

Medtronic's diverse business makes it an attractive option for long-term investors. Sales haven't been great lately for the medical device maker due to supply chain issues. There are multiple ...

According to Medtronic, the new venture’s revenues will be split about 60-40 between patient monitoring and respiratory interventions, respectively. Those two segments together brought in about ...

Medtronic reversed course on spinning off several of its businesses, instead deciding to retain the bulk of the patient monitoring and respiratory interventions sectors it had initially announced ...

Medtronic plans to lay off some of its nearly 100,000 employees globally, following through on plans for major cost-cutting announced in February. The medical device company, which has operational ...

When Geoff Martha, chairman and CEO of Medtronic, took over the medical device maker’s Restorative Therapies Group in 2015, the company faced a tough decision. The group at the time was ...