Surmodics: Fiscal Q1 Earnings Snapshot

EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — SurModics Inc. (SRDX) on Thursday reported a loss of $3.7 million in its fiscal first quarter.

On a per-share basis, the Eden Prairie, Minnesota-based company said it had a loss of 26 cents. Losses, adjusted for costs related to mergers and acquisitions and amortization costs, were 4 cents per share.

The drug delivery technology company posted revenue of $29.9 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SRDX at https://www.zacks.com/ap/SRDX