Surmodics Reports First Quarter Fiscal 2017 Results

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SurModics (SRDX) Tops Q1 EPS by 10c; Raises Outlook

February 2, 2017 7:32 AM EST

SurModics (NASDAQ: SRDX) reported Q1 EPS of $0.19, $0.10 better than the analyst estimate of $0.09. Revenue for the quarter came in at $17.8 million versus the consensus estimate of $15.81 million.

GUIDANCE:

SurModics sees FY2017 EPS of $0.18-$0.33, versus the consensus of $0.24. SurModics sees... More