Surmodics Reports Fourth Quarter and Fiscal Year 2024 Financial Results
Surmodics, Inc. (SRDX)
Last surmodics, inc. earnings: 4/29 04:05 pm
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Source: Business Wire
EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--Surmodics, Inc. (Nasdaq: SRDX), a leading provider of medical device and in vitro diagnostic technologies to the healthcare industry, today reported financial results for its fourth quarter and fiscal year ended September 30, 2024.Fourth Quarter Fiscal 2024 Financial SummaryTotal Revenue of $33.2 million, an increase of 19% year-over-yearTotal Revenue excluding SurVeil™ drug-coated balloon (“DCB”) license fee revenue(1) of $31.3 million, an increase of 17% year-over-yearGAAP net loss of $(3.4) million, compared to net income of $6.7 million in the prior-year periodAdjusted EBITDA(2) of $4.4 million, compared to $1.7 million in the prior-year periodFiscal 2024 Financial SummaryTotal Revenue of $126.1 million, compared to $132.6 million in the prior-year period which included $25.0 million in license fee revenue recognized upon receipt of a $27.0 million milestone payment associated with obtaining FDA premarket approval of the SurVeil DCBTotal R
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News
- Surmodics, Inc. (NASDAQ: SRDX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- SurModics (SRDX) is an Incredible Growth Stock: 3 Reasons Why [Yahoo! Finance]Yahoo! Finance
- Surmodics Q4 Earnings and Revenues Beat Estimates, Margin Down [Yahoo! Finance]Yahoo! Finance
- Surmodics, Inc. (NASDAQ: SRDX) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
- Surmodics, Inc. (NASDAQ: SRDX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
SRDX
Earnings
- 5/1/24 - Beat
SRDX
Sec Filings
- 11/15/24 - Form SCHEDULE
- 11/14/24 - Form SC
- 11/6/24 - Form SC
- SRDX's page on the SEC website