Medtronic plc (NYSE: MDT) reported fourth quarter 2024 earnings results today.
Worldwide revenue was $8.6 billion, up 0.5% on a reported basis and 5.4% on an organic basis.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2024/05/Medtronic-Q4-2024-Earnings-Infographic-628x1024.jpg)
Net income decreased 45% to $654 million and EPS fell 44% to $0.49 compared to last year. Adjusted EPS decreased 7% to $1.46.
For fiscal year 2025, the company expects organic revenue growth of 4-5%. Adjusted EPS is expected to range between $5.40-5.50.
Prior performance
![](https://cdn.news.alphastreet.com/wp-content/uploads/2024/02/Medtronic-Q3-2024-earnings-infographic-627x1024.jpg)
![](https://cdn.news.alphastreet.com/wp-content/uploads/2024/02/Medtronic-Q3-2024-earnings-infographic-627x1024.jpg)