DSS fourth quarter revenue grew in the low-double digits on a constant currency basis, with strong growth in consumables benefitting from customer base growth and improved patient utilization. Introduction to National Securities Clearing Corporation (NSCC). As one of the most technologically adept companies in its industry and also a serial acquirer—it has averaged one acquisition every five months in this decade—Medtronic only gets larger. Respiratory and Patient Monitoring grew in the low-single digits on a comparable, constant currency basis, with continued strength in Nellcor(TM) pulse oximetry sensors given the strong incidence of influenza in the U.S. Spine fourth quarter revenue of $699 million increased 3.4 percent, or 1.0 percent on a constant currency basis. View Fourth Quarter and FY18 Financial Schedules & Non-GAAP ReconciliationsView Fourth Quarter and FY18 Earnings Presentation, Contacts:Fernando VivancoPublic Relations+1-763-505-3780Ryan WeispfenningInvestor Relations+1-763-505-4626, CRHF fourth quarter revenue of $1.633 billion increased 5.8 percent, or 1.5 percent on a constant currency basis. Medtronic’s fiscal year 2018 revenue of $29.953 billion increased 0.8 percent, or 4.6 percent on an organic basis, adjusting for the divestiture, acquisitions, and the $494 million positive impact from foreign currency. We are also focused on improving free cash flow conversion and making the right investments to drive shareholder value," said Ishrak. Lastly, there's Medtronic's diabetes group, which generated $2.1 billion in revenue in 2018. Medtronic management believes that non-GAAP financial measures provide information useful to investors in understanding the company's underlying operational performance and trends and to facilitate comparisons with the performance of other companies in the med tech industry. NON-GAAP FINANCIAL MEASURESThis press release contains financial measures and guidance, including adjusted net income and adjusted diluted EPS, which are considered "non-GAAP" financial measures under applicable SEC rules and regulations. References to quarterly figures increasing or decreasing are in comparison to the fourth quarter of fiscal year 2017, and references to annual figures increasing or decreasing are in comparison to fiscal year 2017. Other space-age breakthroughs under the restorative therapies umbrella include blades for tissue dissection and coils administered to treat diseases. 10-K (filing date: 2018-06-22), Cardiac and Vascular GroupThe Cardiac and Vascular Group (CVG) includes the Cardiac Rhythm & Heart Failure (CRHF), Coronary & Structural Heart (CSH), and Aortic & Peripheral Vascular (APV) divisions. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).


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