Medtronic PLC's growth in the second fiscal quarter of 2018 was driven by its cardiovascular divisions – especially transcatheter valves, and would have been even greater if not for the hurricane that hindered manufacturing operations in Puerto Rico.
On Nov 21, the company reported revenue of $7.1bn for the second quarter of fiscal 2018 and earnings per share of $1.07. Revenue was up 3% compared to the second quarter of fiscal 2017 on comparable, constant-currency basis, or 4% excluding the direct impact from Hurricane Maria. That hurricane cost between $55m and $65m, mostly in the company's Minimally Invasive and Restorative Therapies groups
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