MiniMed Fiscal Q4 Loss Unchanged, Revenue Rises; Shares Up Pre-Bell

MT Newswires Live

06/03

MiniMed (MMED) reported a fiscal Q4 loss Wednesday of $0.68 per diluted share, unchanged from a year earlier.

Revenue for the quarter ended April 24 was $837 million, up from $724 million a year earlier.

Analysts polled by FactSet expected $827.9 million.

For fiscal 2027, the company expects organic revenue growth of approximately 10%.

MiniMed shares were up 5.7% in premarket activity.

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