Severe hurricanes and wildfires pushed medical device maker Medtronic's revenue and profits down last quarter, but the earnings results it released Tuesday morning were still better than the investor community expected.

The multinational maker of pacemakers and artificial heart valves, which operates from offices in Minnesota, reported net adjusted profits of $1.46 billion for the three months ended Oct. 27. That was a nearly 7 pecent decline from the same quarter last year, but the result was not surprising because Medtronic announced preliminary figures two weeks ago.

Wall Street analysts had forecast earnings of 99 cents per share, but the final results were better, at $1.07 in adjusted diluted earnings per share for Medtronic's second fiscal quarter results.

"Our second quarter financial results are very encouraging, when considered in the context of a quarter in which we faced three hurricanes and the California wildfires," Medtronic chief executive Omar Ishrak said in a news release Tuesday morning. "Hurricane Maria, in particular, significantly affected out manufacturing operations in Puerto Rico."

Medtronic has four plants in Puerto Rico that make products for all four of the company's divisions. The plants were closed and damaged by the Sept. 20 hurricane, but were back up to near pre-storm capacity by Oct. 18, earlier than expected. Medtronic also has plants in northern California that were affected by wildfires last month.

Despite those challenges, Medtronic posted worldwide revenue of $7.05 billion in the just-ended quarter, which was 12 percent higher than Wall Street estimates.

Adjusted operating profits in the quarter were down 6 percent, to $1.88 billion.

Medtronic reiterated its earnings forecast for the remainder of the fiscal year, which ends in April. For the fiscal year, Medtronic expects currency-adjusted revenue growth of 4 to 5 percent, and adjusted diluted earnings per share growth between 9 and 10 percent.