Company Profile For St. Jude Medical, Inc.

St. Jude Medical, Inc. (STJ.N) (New York Stock Exchange)

sector: Healthcare · industry: Advanced Medical Equipment ·

As of 2:30am IST

36.79USD

Price Change

+0.37

Percent Change

+1.02%

Analyst Recommendations

Overview

St. Jude Medical, Inc. (St. Jude)develops, manufactures and distributes cardiovascular medical devices for the global cardiac rhythm management, cardiology and cardiac surgery and atrial fibrillation therapy areas and implantable neurostimulation devices for the management of chronic pain. The Company operates in four business segments: Cardiac Rhythm Management (CRM), Cardiovascular (CV), Atrial Fibrillation (AF) and Neuromodulation Systems (Neuro). On July 3, 2008, the Company completed the acquisition of EP MedSystems, Inc. On December 19, 2008, St. Jude acquired Radi Medical Systems. On December 22, 2008, St. Jude acquired MediGuide Inc.

Quick Financial Synopsis

BRIEF: For the thirty nine weeks ended 27 October 2009, St. Jude Medical, Inc.'s revenues rose 8% to $3.48B. Net income rose 6% to $587.6M. Revenue reflects an increase in the sales of cardiovascular devices. Net income also reflects an improved gross margin. St. Jude Medical develops medical technology and services that focus on putting more control into the hands of those who treat cardiac, neurological and chronic pain patients.