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Medtronic — Feb 18, 2025 release

Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001613103-25-000019
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Showing in the filing
Adjusted EPS growth in the back half of the fiscal year
“high-single digit”
Period
H2 FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 5
FY25 organic revenue growth for FY2025
“4.75% to 5%”
FY25 revenue growth (including Other revenue… for FY2025
“3.4% to 3.8%”
FY25 diluted non-GAAP EPS for FY2025
“$5.44 to $5.50”
Estimated impact from foreign currency excha… for FY2025
“-5%”
Adjusted EPS growth in the back half of the … for H2 FY2025
“high-single digit”
Exhibit 99.1 · the passage around this item
… earlier in the release
We were pleased with the operational performance of the business this quarter, turning mid-single digit organic growth into leveraged earnings, highlighted by healthy gross margin improvement,” said Gary Corona, Medtronic interim chief financial officer. “Looking ahead, our restored earnings power continues. We will accelerate both top and bottom line growth in Q4, resulting in high-single digit adjusted EPS growth in the back half of our fiscal year.” Video Webcast Information Medtronic will host a video webcast today, February 18, at 8:00 a.m. EST (7:00 a.m. CST) to provide information about its businesses for the public, investors, analysts, and news media. This webcast can be accessed by clicking on the Events icon at investorrelations.medtronic.com, and this earnings release will be archived at news.medtronic.com. Within 24 hours of the webcast, a replay of the webcast and transcript of the company’s prepared remarks will be available by clicking on the Events icon at investorrelations.medtronic.com. 5 Medtronic plans to report its FY25 fourth quarter results on Wednesday, May 21, 2025. For fiscal year 2026, Medtronic plans to report its first, second, third, and fourth quarter results on Tuesday, August 19, 2025, November 18, 2025, February 17, 2026, and Wednesday, May 20, 2026, respectively. Confirmation and additional details will be provided closer to the specific event. Financial Schedules and Earnings Presentation The third quarter financial schedules and non-GAAP reconciliations can be viewed by clicking on the Investor Events link at investorrelations.medtron
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.