Surmodics Reports First Quarter Fiscal 2020 Results

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SurModics (SRDX) Tops Q1 EPS by 13c, Revenues Beat; Offers FY20 EPS Guidance Below Consensus

February 5, 2020 4:50 PM EST

SurModics (NASDAQ: SRDX) reported Q1 EPS of $0.05, $0.13 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $22.6 million versus the consensus estimate of $22.08 million.

Summary of First Quarter and Recent Highlights

Revenue of $22.6 million, an increase of 2% year-over-yearGAAP EPS of... More