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Market Updates

Medtronic Plc. traded flat at $84.41 after the medical device provider reported higher revenue and earnings in the fourth quarter of 2025.

Net sales climbed to $8.93 billion from $8.59 billion, net income edged up to $1.06 billion from $654 million, and diluted earnings per share rose to 82 cents from 49 cents a year ago.

The medical technology company plans to separate its diabetes business into a standalone public company within 18 months.

The company announced a cash dividend of 71 cents per share, or an annual amount of $2.84 per share, payable on July 11 to shareholders on record on June 27.

Medtronic guided fiscal year 2026 organic revenue to grow by approximately 5%, compared to $33.54 billion, and diluted non-GAAP earnings per share to increase by 4%, compared to $5.49 a year earlier, respectively.


22 May, 2025

     

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