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Orthopaedic Industry News & Orthopaedic Company News | Orthogate Professionals

Details
By Editor-in-Chief
Editor-in-Chief
Industry News
20 July 2016

St. Jude Medical Reports Second Quarter 2016 Results

ST. PAUL, Minn.--(BUSINESS WIRE)--

St. Jude Medical, Inc. (STJ), a global medical device company, today reported sales and net earnings for the second quarter ended July 2, 2016.

Second quarter 2016 highlights:

Net sales of $1.562 billion increased 11 percent as reported, or 2 percent on a comparable constant currency basis.

International sales increased 10 percent as reported, or 7 percent on a comparable constant currency basis where a full portfolio of products is available.

Neuromodulation sales increased 19 percent as reported, or 20 percent on a constant currency basis driven by the most comprehensive product portfolio on the market.

Atrial fibrillation sales increased 13 percent as reported and on a constant currency basis driven by strong growth across the product portfolio.

Visit Original Source

Last Updated: 20 July 2016
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