Medtronic credits heart-surgery-device growth as profit tops analyst estimates
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Medtronic's profit exceeded analyst estimates, driven by growth in its heart-surgery-device segment. The company attributes this success to its investment in new products.
February 18, 2025 | 12:30 pm
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Medtronic's earnings surpassed analyst expectations, primarily due to the growth in its heart-surgery-device segment. The company highlights the positive impact of its investment in new products.
Medtronic's better-than-expected earnings, driven by its heart-surgery-device segment, suggest a positive market reaction. The company's focus on new product investment is proving successful, likely boosting investor confidence.
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