Medtronic PLC (LTS:0Y6X)
$ 86.66 -0.02 (-0.02%) Market Cap: 110.97 Bil Enterprise Value: 131.31 Bil PE Ratio: 26.46 PB Ratio: 2.29 GF Score: 79/100

Q1 2020 Medtronic PLC Earnings Call Transcript

Aug 20, 2019 / 12:00PM GMT
Release Date Price: $107.1 (+3.97%)
Operator

Good morning. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Medtronic first quarter earnings call. (Operator Instructions)

I would now like to turn the conference over to Ryan Weispfenning, Vice President, Investor Relations. Sir, you may begin.

Ryan Weispfenning
Medtronic plc - VP of IR

Thank you. Good morning, and welcome to Medtronic's fiscal year 2020 first quarter conference call and webcast. During the next hour, Omar Ishrak, Medtronic Chairman and Chief Executive Officer; and Karen Parkhill, Medtronic Chief Financial Officer, will provide comments on the results of our first quarter, which ended on July 26, 2019. After our prepared remarks, we will be happy to take your questions.

First, a few logistical comments. Earlier this morning, we issued a press release containing our financial statements and a revenue by division summary. We also issued an earnings presentation that provides additional details on our performance and outlook.

During today's

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