Medtronic's quarterly revenue falls 1.5 pct
Aug 25 (Reuters) - Medtronic Plc, the world's largest standalone medical device maker, reported a 1.5 percent dip in quarterly revenue, as sales for its heart, vascular and minimally invasive products fell.
The company's net earnings rose to $929 million, or 66 cents per share, in the first quarter ended July 29, from $820 million, or 57 cents per share, a year earlier. (bit.ly/2bRpWKA)
Excluding items, the Dublin-based company earned $1.03 per share.
Revenue fell marginally to $7.17 billion from $7.27 billion.
Medtronic had an extra week of sales in last year's first- quarter. (Reporting by Ankur Banerjee in Bengaluru; Editing by Martina D'Couto)
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