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Shares of Surmodics (NASDAQ:SRDX) were flat in after-market trading after the company reported Q4 results.
Quarterly Results
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Earnings per share decreased 148.65% over the past year to ($0.18), which missed the estimate of ($0.08).
Revenue of $22,543,000 declined by 26.85% from the same period last year, which beat the estimate of $20,770,000.
Guidance
Surmodics hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
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Date: Nov 04, 2020
Time: 05:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/72noqvys
Recent Stock Performance
Company's 52-week high was at $49.00
52-week low: $22.06
Price action over last quarter: down 18.88%
Company Profile
Surmodics Inc is a provider of surface modification and in vitro diagnostic technologies to the healthcare industry. The company's mission is to improve the treatment and detection of disease by using our technology to provide solutions to a difficult medical device and diagnostic challenges. It has two reportable segments: Medical device unit and Vitro diagnostics unit. Surmodics derives most of its revenue from the Medical device segment.
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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.