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Key facts: Medtronic (MDT) beats, raises guidance; $80M Pi-Cardia deal

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Sep 2, 2026 at 07:14 AM
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Medtronic (MDT) beat quarterly sales and EPS and raised FY guidance, citing stronger cardiovascular and neuroscience product sales as the main drivers of the upside. Dow Jones NewswiresMedtronic (MDT) will invest up to $80M in Pi-Cardia, gaining exclusive global distribution of its ShortCut leaflet device from 2027 and an option to buy Pi-Cardia for up to $210M plus earn-outs. 2 sourcesDisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.

  • Medtronic (MDT) beat quarterly sales and EPS and raised FY guidance, citing stronger cardiovascular and neuroscience product sales as the main drivers of the upside. Dow Jones Newswires
  • Medtronic (MDT) will invest up to $80M in Pi-Cardia, gaining exclusive global distribution of its ShortCut leaflet device from 2027 and an option to buy Pi-Cardia for up to $210M plus earn-outs. 2 sources
Disclaimer

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.

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Medtronic

Medtronic

MDT.US

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