DUBLIN (AP) — DUBLIN (AP) — Medtronic PLC (MDT) on Tuesday reported fiscal second-quarter net income of $1.27 billion.
The Dublin-based company said it had net income of 99 cents per share. Earnings, adjusted for one-time gains and costs, were $1.26 per share.
The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.
The medical device company posted revenue of $8.4 billion in the period, which also beat Street forecasts. Eleven analysts surveyed by Zacks expected $8.26 billion.
Medtronic expects full-year earnings in the range of $5.44 to $5.50 per share.
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