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 PLC announced Wednesday plans to separate its diabetes business into a new public company, just as the medical-device company reported quarterly results showing that the business was its ...

Global medical device company Medtronic announced Wednesday that it intends to separate its diabetes business into a standalone company. The new diabetes company will focus on accelerating ...

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 ...

Medtronic said Wednesday that it plans to spin off its diabetes business in the next 18 months, creating a new diabetes technology company that can offer customers both insulin pumps and ...

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 ...

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 ...

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 ...