Surmodics Q4 results top sales, earnings estimates

Shares in Surmodics (NSDQ:SRDX) fell today even though the medical device maker beat expectations on Wall Street with its fourth quarter results. The Eden Prairie, Minn.-based company posted profits of $400,000 on sales of $20.1 million for the 3 months ended Sept. 30, for bottom-line loss of -84.9% on sales growth of 10.4% compared with the same period last year. Get the full story at our sister site, Drug Delivery Business News. The post Surmodics Q4 results top sales, earnings estimates appeared first on MassDevice.
Source: Mass Device - Category: Medical Devices Authors: Tags: Drug-Device Combinations MassDevice Earnings Roundup Pharmaceuticals Wall Street Beat SurModics Inc. Source Type: news