Medtronic's Q3 sales, earnings rise

February 19, 2013 by MassDevice staff

Third-quarter sales and earnings rose at single-digit clips for Medtronic, the world's largest medical device company.

Medtronic

Medtronic (NYSE:MDT) posted profit and sales gains during its fiscal 3rd quarter this morning, eating Wall Street analysts' earnings expectations along the way.

The Fridley, Minn.-based company, which is the world's largest pure-play medical device company, said profits were up 5.7% on sales growth of 2.8% for the 3 months ended Jan. 25.

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