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Medtronic reported a decrease in revenue by 0.8% to $7.6 billion. The GAAP diluted EPS was $0.36, and the non-GAAP diluted EPS was $1.02.
Q2 Revenue of $7.6 Billion decreased 0.8% as reported and 1.5% organic.
Q2 GAAP Diluted EPS of $0.36
Q2 Non-GAAP Diluted EPS of $1.02
Second quarter U.S. revenue of $4.054 billion represented 53 percent of company revenue and decreased 2 percent as reported and organic.
Given the uncertainty on near-term financial results caused by the COVID-19 pandemic, the company is not providing formal annual or quarterly financial guidance at this time.
Visualization of income flow from segment revenue to net income