What changed
MiniMed printed Q1 FY27 GAAP EPS of $0.00, with no consensus available. Revenue of $843M rose 16.6% as reported and 15.8% organic, including a 4-6% extra-week benefit. FY27 organic revenue growth guidance was raised to ~10.5% from ~10%, with adjusted EBITDA margin reaffirmed at ~16%. U.S. growth accelerated to 13.1%, driven by the MiniMed Flex launch and new sensor rollouts.
Why it matters
MiniMed printed Q1 FY27 GAAP EPS of $0.00, with no consensus available. Revenue of $843M rose 16.6% as reported and 15.8% organic, including a 4-6% extra-week benefit. FY27 organic revenue growth guidance was raised to ~10.5% from ~10%, with adjusted EBITDA margin reaffirmed at ~16%. U.S. growth accelerated to 13.1%, driven by the MiniMed Flex launch and new sensor rollouts.