Medtronic Raised Its Fiscal Year 2025 Organic Revenue Growth Guidance To 4.5%-5% Versus The Prior Range Of 4%-5%
Portfolio Pulse from Benzinga Newsdesk
Medtronic has increased its fiscal year 2025 organic revenue growth guidance to 4.5%-5%, up from the previous range of 4%-5%.
August 20, 2024 | 10:48 am
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Medtronic has revised its fiscal year 2025 organic revenue growth guidance upwards to 4.5%-5%, indicating a positive outlook for the company's future performance.
The upward revision of revenue growth guidance suggests that Medtronic is expecting better-than-anticipated performance, which is likely to positively impact investor sentiment and the stock price in the short term.
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