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Medtronic's quarterly revenue to hit lower end of forecast, exec says

Medtronic's fiscal first-quarter revenue growth will fall within the lower end of its forecast because of a weeklong computer crash that affected the company's global ordering, manufacturing and fulfillment systems in June, said Chief Financial Officer Karen Parkhill. Medtronic, however, is still expected to achieve its "full fiscal-year guidance of 4 to 5 percent constant-currency revenue growth, and 9 to 10 percent earnings-per-share growth," Parkhill said.

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