Going by the second-quarter fiscal 2016 financial figures, the Medical sector has come up with an impressive earnings beat ratio of 88% and revenue beat ratio of 82%. Notably, the sector also reported earnings growth of 5% on a revenue growth of 9.2% on a year over year basis.
We particularly note the stellar year-over-year revenue growth that reflects robust performance by the sector, especially the medical devices stocks.
We particularly note the stellar year-over-year revenue growth that reflects robust performance by the sector, especially the medical devices stocks.