SurModics Inc. (SRDX) Tops Q2 EPS by 8c; Increases FY11 Outlook

April 27, 2011 4:13 PM EDT
SurModics Inc. (NASDAQ: SRDX) reported Q2 EPS of $0.08, $0.08 better than the analyst estimate of $0.00. Revenue for the quarter came in at $17.5 million versus the consensus estimate of $14.82 million.

Increases FY2011 EPS to $0.13-$0.26, versus the consensus of $0.05. Also increases FY2011 revenue to $63-$68 million, versus the consensus of $60.01 million.

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