EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — SurModics Inc. (SRDX) on Wednesday reported a loss of $5.2 million in its fiscal second quarter.
On a per-share basis, the Eden Prairie, Minnesota-based company said it had a loss of 36 cents. Losses, adjusted for costs related to mergers and acquisitions and amortization costs, came to 13 cents per share.
The drug delivery technology company posted revenue of $28.1 million in the period.
SurModics expects full-year results to range from a loss of 62 cents per share to a loss of 42 cents per share, with revenue in the range of $114 million to $117 million.
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