Medtronic, Inc. Updates EPS And Revenue Guidance For Fiscal Year 2007

MINNEAPOLIS--(BUSINESS WIRE)--Medtronic, Inc. (NYSE:MDT) today updated diluted earnings per share (EPS) and revenue guidance for fiscal year 2007. The company provided fiscal 2007 EPS guidance of $2.34 to $2.38, raising the lower end of the previously stated range of $2.30 to $2.38. The company also projected fiscal 2007 revenue of $12.2 to $12.4 billion, which compares to previous guidance of $12.2 to $12.6 billion.

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