Medtronic tops profit target but says coronavirus could impact Q4 results

Medtronic tops profit target but says coronavirus could impact Q4 results

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Medtronic on Tuesday reported mixed results for its fiscal third quarter, posting earnings that beat Wall Street estimates but missed sales expectations. And it warned that the fourth quarter could be hurt by a slowdown caused by the COVID-19 virus that has sickened tens of thousands in China and elsewhere. The Dublin-based medical-technology giant, which has its operational headquarters in Fridley, Minn., reported net income of $1.92 billion, or $1.42 a share, from $1.27 billion, or 94 cents a…

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