Shares of Medtronic (MDT) are on the move after the company delivered a first quarter earnings beat on both revenue and profit. Revenue came in at $7.91 billion, slightly above the projected $7.9 billion. Adjusted earnings per share were reported at $1.23, topping the $1.20 expected by analysts.

Additionally, Medtronic also raised its full-year guidance, sending shares higher.

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This post was written by Angel Smith