SRDX Stock Down Following Q2 Earnings Miss, Gross Margin Contracts

Surmodics, Inc. (SRDX) delivered adjusted loss per share of 13 cents in the second quarter of fiscal 2025 against the year-ago quarter’s adjusted earnings per share (EPS) of 7 cents. The metric was wider than the Zacks Consensus Estimate of a loss of 6 cents per share. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)GAAP loss per share for the quarter was 36 cents against the year-earlier EPS of 2 cents.Surmodics’ Revenues in DetailSurmodics registered revenues of $28.1 million in t ...