SurModics (SRDX) Tops Q3 EPS by 25c

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Surmodics Reports Third Quarter Fiscal 2016 Results

July 28, 2016 7:30 AM EDT

GAAP Revenue of $20.0 Million, up 25% GAAP EPS of $0.30, Non-GAAP EPS of $0.37 Core Business Performs Well as Key Strategic Growth Priorities Advance Raises Fiscal 2016 Revenue and EPS Guidance

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)-- Surmodics, Inc. (Nasdaq: SRDX), a leading provider of medical device and in vitro diagnostic technologies to the healthcare industry, today announced results for its fiscal 2016 third quarter, ended June 30, 2016.

Surmodics continued to advance all key strategic growth priorities... More