Wednesday, May 4, 2016

SurModics Inc. (SRDX) Surged To A 5-Month High After Q2 Profit Beat

SurModics Inc. (SRDX) reported second quarter EPS of $0.20 after the close Monday, which was flat with the prior year result. The consensus estimate was for EPS of $0.09. The company also increased its full year EPS forecast to between $0.75 and $0.85, from prior expectations of $0.66 to $0.75. Street expectations are for EPS of $0.68.

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