MiniMed Breaks Even in Fiscal Q1, Sales Rise
MT newswire2026/09/01 11:20Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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07:20 AM EDT, 09/01/2026 (MT Newswires) -- MiniMed (MMED) reported a fiscal Q1 breakeven Tuesday, compared with a loss of $0.08 per share a year earlier. Analysts polled by FactSet expected earnings of $0.12 per share. Net sales for the quarter ended July 31 were $843 million, compared with $723 million a year earlier. Analysts projected $826.8 million. For fiscal 2027, the company said it now expects organic revenue growth of about 10.5%, compared with its previous outlook of nearly 10% growth.
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