Why Medtronic's Latest Quarterly Results Weren't as Good as They Might Seem

Why Medtronic's Latest Quarterly Results Weren't as Good as They Might Seem

Source: 
Motley Fool
snippet: 
  • Medtronic delivered 23% year-over-year revenue growth in its fiscal 2022 first quarter.
  • However, this growth was largely due to a huge dent in revenue in the prior-year period resulting from the COVID-19 pandemic.
  • The company's two-year revenue growth is much lower.