Recap: Surmodics Q2 Earnings

 

Surmodics SRDX reported its Q2 earnings results on Wednesday, April 27, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

Surmodics beat estimated earnings by 35.29%, reporting an EPS of $-0.22 versus an estimate of $-0.34.

Revenue was down $8.89 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.18 which was followed by a 0.88% increase in the share price the next day.

Here's a look at Surmodics's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.31 -0.25 -0.17 0.63
EPS Actual -0.13 -0.10 -0.17 0.62
Revenue Estimate 23.71M 23.06M 23.31M 32.95M
Revenue Actual 23.00M 23.97M 23.87M 34.99M

To track all earnings releases for Surmodics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsNewsBZI-Recaps
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