Medtronic Q2 Earnings and Revenues Top, Stock Down on Trimmed '25 View
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Medtronic reported strong Q2 earnings and revenues, surpassing expectations with diversified growth across all segments. However, the stock declined due to a trimmed fiscal 2025 outlook.
November 19, 2024 | 3:45 pm
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Medtronic's Q2 earnings and revenues exceeded expectations, showing diversified growth across all segments. Despite this, the stock price fell due to a reduced fiscal 2025 outlook.
The positive earnings and revenue results were overshadowed by the company's decision to lower its fiscal 2025 outlook, which likely led to investor concerns about future growth, causing the stock price to decline.
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