Surmodics Reports Fourth Quarter Fiscal 2016 Results

Go back to Surmodics Reports Fourth Quarter Fiscal 2016 Results

SurModics (SRDX) Tops Q4 EPS by 17c; Provides Mixed Guidance

November 16, 2016 7:33 AM EST

SurModics (NASDAQ: SRDX) reported Q4 EPS of $0.26, $0.17 better than the analyst estimate of $0.09. Revenue for the quarter came in at $18.2 million versus the consensus estimate of $16.09 million.

GUIDANCE:

SurModics sees FY2017 EPS of $0.15-$0.35, versus the consensus of $1.04. SurModics sees... More