Medtronic revenue jumps on higher US sales

March 1, 2016 12:34 PM

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Medtronic revenue jumps on higher US sales

Medical device maker Medtronic Plc (MDT.N) reported a nearly 61 percent rise in quarterly revenue, helped by higher sales across most of its units.

The Dublin-based company's net income rose to $1.10 billion, or 77 cents per share, in the third quarter ended Jan. 29, from $977 million, or 98 cents per share, a year earlier. (bit.ly/1QIyaPP)

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