Medtronic’s GI sales grow in Q3 of fiscal year 2023

Medtronic saw an increase in its gastrointestinal products during the third quarter of fiscl year 2023, according to financial results posted Feb. 21.

Advertisement

Gastrointestinal revenue grew in the high-single digits, largely from sales of GI Genius. The segment GI falls under — respiratory, gastrointestinal and renal — overall saw an 8 percent decrease year-over-year with $712 million in revenue.

Medtronic reported total revenue of $7.7 billion, a 4.1 percent increase year-over-year on an organic basis. 

Advertisement

Next Up in GI & Endoscopy

  • General gastroenterologists earn an average base salary of $526,273 — more than $218,000 higher than their pediatric counterparts, who report…

  • The MUSC Shawn Jenkins Children’s Hospital in Charleston, S.C., has launched the MUSC Advanced Pediatric Endoscopy Program and Pancreas Center. …

Advertisement

Comments are closed.