MDT · News · 20260807N

Revenue Performance and Mix

Medtronic plc · 2026-08-07 · Importance 33 · Surprise 6

Medtronic reported quarterly revenue of $9.81 billion, exceeding analyst expectations and surpassing the $9.807 billion materiality reference. Adjusted earnings per share reached $1.55 for the quarter, also above expectations. The digest does not provide YoY, sequential, or segment-level revenue changes.

Key facts

• 180 Wealth Advisors LLC reduced its Medtronic stake by 75% in the second quarter, selling 29,822 shares and retaining 9,951 shares valued at $778,000. source
• Medtronic stock rose 1.44% to $87.16, ending a three-day losing streak. source
• Palouse Capital Management increased its Medtronic holdings by 29,275 shares in the second quarter, bringing total holdings to 57,027 shares valued at approximately $4.46 million. source