Surmodics Reports Fourth Quarter Fiscal 2018 Results and Issues Fiscal 2019 Guidance

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SurModics (SRDX) Tops Q4 EPS by 8c, Revenues Beat; FY19 EPS Mid-Point Below Consensus, FY18 Revenue Outlook Above Consensus

November 9, 2018 7:32 AM EST

SurModics (NASDAQ: SRDX) reported Q4 EPS of $0.05, $0.08 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $23 million versus the consensus estimate of $21.56 million.

Revenue of $23.0 million, an increase of 15% year-over-yearGAAP EPS of ($0.13), non-GAAP EPS of $0.05Submitted... More