How Did Medtronic Fare In Q4’16 Earnings?

+10.19%
Upside
87.15
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Trefis
MDT: Medtronic logo
MDT
Medtronic

Leading medical device maker Medtronic (NYSE:MDT) posted its Q4’16 earnings on May 31st. (Fiscal years end with April.) The company got FDA approval during the quarter for its Micra transcatheter system, the world’s smallest pacemaker. We expect Medtronic  to see growth in the next fiscal year to come from the adoption of its Micra pacemaker in the U.S.  We alos foresee market share gains from the MRI-safe pacemakers and defibrillators, and the and the adoption of its Visia ICD in the Europe. Below we show the key metrics and expected future trends for the company, based on Q4’16 results:

MDT_Q4_Earnings_Q&A_1

1) If you like or have any questions about our analysis, please write us back at content@trefis.com. We hope such lean communication sparks thinking, and encourages you to ask questions. The purpose of these analyses is to help you focus only on a few important things. 
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. We are in the process of updating our model for Medtronic.

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