Financial

Medtronic Spine Revenue Drops 5% This Quarter

Medtronic reported that revenue from its spine business reached $786 million for the first quarter of fiscal year 2013, down 5 percent compared to the same quarter last year.

The company’s Core Spine revenue fell 1 percent to $645 million, while its BMP revenue fell 19 percent to $141 million declined 19 percent. Medtronic reported overall quarterly revenues of $4 billion, a 2 percent increase.

Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

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