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Medtronic Computer Crash To Have Limited Impact

Despite a major a computer crash, Medtronic is confident it will meet its revenue growth projections for the first quarter. The company also says there is currently no indication the crash was the result of an outside agent such as the recent WannaCry and Petya worms.

Despite a recent computer crash at Medtronic PLC that crippled its ability to fulfill orders globally, the company says it still expects to hit its revenue targets. It also says the crash was not the result of an outside attack.

On July 17, Medtronic Chief Financial Officer Karen Parkhill told Bloomberg News the company still expects to hit the lower end of its 4-5% revenue growth that it...

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