EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — SurModics Inc. (SRDX) on Wednesday reported earnings of $247,000 in its fiscal second quarter.
On a per-share basis, the Eden Prairie, Minnesota-based company said it had profit of 2 cents. Earnings, adjusted for amortization costs, were 7 cents per share.
The drug delivery technology company posted revenue of $32 million in the period.
SurModics expects full-year results to range from a loss of 67 cents per share to a loss of 47 cents per share, with revenue in the range of $122 million to $124 million.
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