November 19, 2019 / 11:54 AM / 17 days ago

Medical device maker Medtronic's quarterly profit rises 22%

Nov 19 (Reuters) - Medical device maker Medtronic Plc reported a 22.3% jump in quarterly profit on Tuesday, buoyed by higher sales in its surgical instruments and restorative therapies businesses.

Net income attributable to the company rose to $1.36 billion, or $1.01 per share, in the second quarter ended Oct. 25, from $1.12 billion, or 82 cents per share, a year earlier.

Net sales rose to $7.71 billion from $7.48 billion. (Reporting by Manojna Maddipatla and Dania Nadeem in Bengaluru; Editing by Sriraj Kalluvila)

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