{"id":14194,"date":"2024-11-22T17:59:20","date_gmt":"2024-11-22T09:59:20","guid":{"rendered":"https:\/\/flcube.com\/?p=14194"},"modified":"2024-11-22T17:59:22","modified_gmt":"2024-11-22T09:59:22","slug":"medtronic-reports-5-organic-revenue-growth-in-q2-fy25-with-strong-portfolio-performance","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=14194","title":{"rendered":"Medtronic Reports 5% Organic Revenue Growth in Q2 FY25 with Strong Portfolio Performance"},"content":{"rendered":"\n<p>US-Irish medical device company Medtronic (<a href=\"https:\/\/www.google.com\/finance\/quote\/MDT:NYSE\">NYSE: MDT<\/a>) has announced its financial results for the second quarter (Q2) of fiscal year 2025, which concluded on October 25, 2024. The company reported a total revenue of USD 8.403 billion for the period, marking a 5.0% increase on an organic basis.<\/p>\n\n\n\n<p><strong>Cardiovascular Portfolio Leads the Way with 5.6% Organic Growth<\/strong><br>Medtronic&#8217;s Cardiovascular Portfolio, encompassing the Cardiac Rhythm &amp; Heart Failure (CRHF), Structural Heart &amp; Aortic (SHA), and Coronary &amp; Peripheral Vascular (CPV) divisions, achieved sales of USD 3.102 billion, demonstrating a robust 5.6% organic growth. This performance indicates a strong market response to the company&#8217;s cardiovascular offerings.<\/p>\n\n\n\n<p><strong>Neuroscience Portfolio Achieves 6.7% Organic Growth<\/strong><br>The Neuroscience Portfolio, which includes the Cranial &amp; Spinal Technologies (CST), Specialty Therapies, and Neuromodulation divisions, recorded sales of USD 2.451 billion, representing a significant 6.7% organic growth. CST, in particular, exceeded average market performance due to the ongoing adoption of the AiBLE ecosystem of spine implants and enabling technology, a testament to Medtronic&#8217;s innovation in neurosurgical solutions.<\/p>\n\n\n\n<p><strong>Medical Surgical and Diabetes Portfolios Also Show Growth<\/strong><br>The Medical Surgical Portfolio and Diabetes divisions contributed revenues of USD 2.128 billion and USD 686 million, respectively, with organic growth rates of 0.7% and 11%. These results reflect the company&#8217;s ability to deliver consistent growth across its diverse product offerings.<a href=\"https:\/\/flcube.com\">-Fineline Info &amp; Tech<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US-Irish medical device company Medtronic (NYSE: MDT) has announced its financial results for the second&#8230;<\/p>\n","protected":false},"author":1,"featured_media":14195,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7],"tags":[27,233,1031],"class_list":["post-14194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company","tag-finanical-reports","tag-medtronic","tag-nyse-mdt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.6 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Medtronic Reports 5% Organic Revenue Growth in Q2 FY25 with Strong Portfolio Performance - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"US-Irish medical device company Medtronic (NYSE: MDT) has announced its financial results for the second quarter (Q2) of fiscal year 2025, which concluded on October 25, 2024. 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