In a recent Star Tribune article, Joe Carlson details Medtronic’s rapid return to normal. Geoff Martha, the medical device company’s CEO, said on a recent call that he believed the company was poised to return to a normal level of revenue and profit growth by January, which is three months ahead of original estimates. The Company’s revenue has been down since the start of the pandemic, but it has continued to recover each month from April to August. Martha is confident in the Company’s pipeline of new products which target fast growing markets like robotics, diabetes, neurostimulation and ischemic strokes. Management believes investors have a lot to be excited about in terms of the Company’s long-term growth prospects.
Read the Full Article Here: https://www.startribune.com/medtronic-ceo-says-business-is-recovering-faster-than-expected/572736411/
