Medtronic, a big medical device company, just reported its earnings! They made more money than experts expected, but their stock price still went down a bit. This is because some of their products didn't sell as well as hoped.
- Medtronic makes things like devices to help people with diabetes and surgical tools.
- Diabetes devices sold really well, but sales of surgical tools were a bit lower.
- This was partly due to changes in how hospitals buy their products.
| Thing | Number |
|---|---|
| Medtronic's profit (per share) | $1.39 (better than expected!) |
| Sales of diabetes devices (growth) | 8.4% (great!) |
| Sales of surgical tools (decline) | 1.9% (not so good) |
The company thinks things will get better soon. It's important to remember that this is about a medical device company, not cryptocurrencies.
