3M posted results on Tuesday that investors found "less than inspiring," according to a Motley Fool report.
3M, which manufactures surgical supplies, among other goods, reported a net income of $928 million, or $1.28 per share, a 1 percent dip from the final quarter of 2009. While sales for the company's healthcare segment were up 5.9 percent, around 4.3 percent of the growth was tied to an acquisition.
According to the report, last year's healthcare results received a boost from the scare related to H1N1.
Read the Motley Fool report on 3M.
Read more on medical supplies:
-GPO Trade Association Applauds State of the Union Health Care Cost Containment Focus
-5 Healthcare Supply Companies With the Highest Future Earnings Growth
3M, which manufactures surgical supplies, among other goods, reported a net income of $928 million, or $1.28 per share, a 1 percent dip from the final quarter of 2009. While sales for the company's healthcare segment were up 5.9 percent, around 4.3 percent of the growth was tied to an acquisition.
According to the report, last year's healthcare results received a boost from the scare related to H1N1.
Read the Motley Fool report on 3M.
Read more on medical supplies:
-GPO Trade Association Applauds State of the Union Health Care Cost Containment Focus
-5 Healthcare Supply Companies With the Highest Future Earnings Growth