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SRDX SurModics News Story

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Surmodics Inc reports results for the quarter ended in December - Earnings Summary

* Surmodics Inc  SRDX.OQ  reported a quarterly adjusted loss
of 13
cents​​ per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for a loss
of 31 cents per share.
    * Revenue rose 3.2% to $23.00 million from a year ago; 
analysts
expected $23.71 million. 
    * Surmodics Inc's reported EPS for the quarter was a loss
of 20
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1,153.3% in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Surmodics Inc shares had fallen by 4.3% this quarter.
    * The company reported a quarterly loss of $2.81 million.
    * Wall Street's median 12-month price target for Surmodics
Inc is
$72.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated February 3 at 04:52 p.m.
 ​All figures in US dollars unless otherwise stated

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