Medtronic Misses on Sales and Cuts Outlook—It Isn’t All Bad News

Medical-device institution Medtronic reported income abbreviated of Wall Street’s expectations and slashed its outlook for gross maturation connected Tuesday.

Shares successful Medtronic (ticker: MDT) fluctuated successful the U.S. premarket but were trading mostly level aft the institution released net for the 4th ending Oct. 29, which it reports arsenic the 2nd 4th of fiscal twelvemonth 2022. Medtronic is registered successful Ireland but chiefly operates successful the U.S.

The...