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Surmodics Earnings Analysis: Q1 Recap

Benzinga ·  Jan 30 14:20

Surmodics (NASDAQ:SRDX) released its Q1 earnings on Thursday, January 30, 2025 at 07:00 AM.

Here's what's important from the earnings announcement.

Earnings

Surmodics beat estimated earnings by 67.0%, reporting an EPS of $-0.04 versus an estimate of $-0.12.

Revenue was down $630 thousand from the same period last year.

Historical Earnings Summary

During the previous quarter, the company beat on EPS by $0.16, leading to a 0.0% increase share price change the next day.

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

QuarterQ4 2024Q3 2024Q2 2024Q1 2024
EPS Estimate-0.29-0.33-0.32-0.3
EPS Actual-0.13-0.270.070
Revenue Estimate30.39M30.01M28.84M29.64M
Revenue Actual33.23M30.34M31.96M30.55M

Listen to the earnings announcement yourself by clicking here.

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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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