MedTech Dive January 9, 2024
“Our top priority is restoring our earnings power, full stop,” CEO Geoff Martha said Monday at the J.P. Morgan Healthcare Conference.
Medtronic CEO Geoff Martha said new product introductions in high-growth markets and a comprehensive transformation underway at the company are combining to drive sustainable earnings growth.
“We’ve changed everything from our operating model to our incentives to our culture, and even people in some cases. This is showing up in our results, and why we believe our financial performance is durable,” Martha said Monday in a presentation to investors at the J.P. Morgan Healthcare Conference.
The company has posted mid-single-digit revenue growth for four consecutive quarters and is forecasting mid-single digits in the coming quarter as well, based on...