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BioWorld - Thursday, January 8, 2026
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Home » Medtronic sees quarterly revenue dip with deferral of procedures
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Medtronic sees quarterly revenue dip with deferral of procedures

May 21, 2020
By Liz Hollis
Like many other med-tech companies, Medtronic plc, of Dublin, saw COVID-19 affect its financial results for its fourth quarter and fiscal year 2020, as procedures were deferred in the wake of the pandemic. Quarterly worldwide revenue came in at $5.998 billion, representing a decrease of 26% as reported and 25% on an organic basis.
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