Medtronic reports record quarter; CardioVascular strong
By Loralee Stevens, Business Journal Staff Reporter
SANTA ROSA — Medtronic Inc. announced an 8 percent jump in revenues for the fiscal year and a record $4 billion in sales for the fourth quarter. The CardioVascular segment in Santa Rosa reported both fourth quarter and yearly revenues up 18 percent.
Medtronic CardioVascular had annual revenues of $2.864 billion and quarterly revenues of $757 million, with strong growth across the entire segment, including coronary, up 9 percent; structural heart, up 17 percent; and endovascular, up 12 percent.
Medtronic CardioVascular employs about 800 in Santa Rosa.
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