Surmodics: Q3 Earnings Insights

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Surmodics SRDX reported its Q3 earnings results on Wednesday, July 27, 2022 at 07:30 AM.

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

Earnings

Surmodics beat estimated earnings by 10.53%, reporting an EPS of $-0.34 versus an estimate of $-0.38.

Revenue was up $981 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.12 which was followed by a 0.4% drop in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -0.34 -0.31 -0.25 -0.17
EPS Actual -0.22 -0.13 -0.10 -0.17
Revenue Estimate 23.97M 23.71M 23.06M 23.31M
Revenue Actual 26.11M 23.00M 23.97M 23.87M

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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