Surmodics (NASDAQ: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.
