Medtronic Stock Falls After Medical-Device Maker Posts Lower Earnings - The Wall Street Journal

This transcript is for your personal, non-commercial usage only. Distribution and usage of this worldly are governed by our Subscriber Agreement and by copyright law. For non-personal usage oregon to bid aggregate copies, delight contact Dow Jones Reprints astatine 1-800-843-0008 oregon sojourn www.djreprints.com.

https://www.wsj.com/articles/medtronic-stock-falls-after-medical-device-maker-posts-lower-earnings-11669136210

Medtronic PLC shares dropped 6% aft the medical-device shaper reported a diminution successful quarterly income and earnings, citing supply-chain challenges and a slower-than-expected betterment successful the measurement of aesculapian procedures that were deferred earlier during the Covid-19 pandemic.

The Dublin-based institution chopped its forecast of full-year results, citing the proviso and process challenges arsenic good arsenic antagonistic foreign-currency rates.