Medtronic shares rise after better-than-expected earnings and $700M robot investment
Medtronic reported adjusted earnings of $1.45 a share and announced a $700 million investment to bolster its surgical systems offerings; shares rose in premarket trading.
By Kit NortonShares of Medtronic rose in premarket trading Tuesday after the medical device giant reported better than-expected quarterly earnings and announced a $700 million investment to bolster its surgical systems offerings.The company posted adjusted earnings of $1.45 a share in the fiscal fi…