Brace Yourself for a More Competitive Medtronic

Medtronic is "finding a new gear," and becoming a more nimble and competitive organization, according to CEO Geoff Martha.

"And in the coming weeks, you're going to hear more from me on this topic, as we begin to outline the new Medtronic," Martha said this week during the company's earnings call, which covered the first quarter of Medtronic's fiscal year 2021, according to Seeking Alpha transcripts of the call.