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SRDX News and Press, Surmodics Inc. From 02/13/23

Stock Information

Company Name: Surmodics Inc.
Stock Symbol: SRDX
Market: NASDAQ
Website: surmodics.com

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SRDX - Surmodics downgraded at Needham on uncertainty over drug-coated balloon

Surmodics, Inc. ( NASDAQ: SRDX ) lost sharply on Monday after Needham downgraded the medical device maker to Hold from Buy, citing uncertain prospects for the company’s investigational drug-coated balloon SurVeil. In January, Surmodics ( SRDX ) announced a reduction of 13% ...

SRDX - Surmodics, Inc. (SRDX) Q1 2023 Earnings Call Transcript

Surmodics, Inc. (SRDX) Q1 2023 Earnings Conference Call February 6, 2023 05:00 p.m. ET Company Representatives Gary Maharaj - President, Chief Executive Officer Tim Arens - Chief Financial Officer Conference Call Participants Brooks O'Neil - Lake Street Capital...

SRDX - Surmodics Non-GAAP EPS of -$0.50 beats by $0.16, revenue of $24.9M beats by $0.93M

Surmodics press release ( NASDAQ: SRDX ): Q1 Non-GAAP EPS of -$0.50 beats by $0.16 . Revenue of $24.9M (+8.3% Y/Y) beats by $0.93M . Fiscal Year 2023 Financial Guidance Surmodics now expects fiscal year 2023 total revenue to range from $102 million to $106 mill...

SRDX - Surmodics Reports First Quarter of Fiscal Year 2023 Financial Results; Updates Fiscal Year 2023 Financial Guidance

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 first quarter ended December 31, 2022, and updated its financial outlook for its fiscal year ending September 30, 2023. ...

SRDX - Surmodics cuts workforce by 13% after FDA declines to approve drug-coated balloon

Surmodics ( NASDAQ: SRDX ) is cutting 13% of its workforce in the aftermath of the US FDA's decision in January not to approve its SurVeil drug-coated balloon . The company expects restructuring charges of $1M-$1.2M in fiscal 2023 Q2, the same quarter the layoffs will take place...

SRDX - Surmodics SRDX Trading Signals

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in ...

SRDX - Surmodics to Report First Quarter of Fiscal 2023 Financial Results on February 6

Earnings Conference Call and Webcast Will Begin at 4:00 p.m. (CT) Surmodics, Inc. (Nasdaq: SRDX), a leading provider of medical device and in vitro diagnostic technologies to the healthcare industry, today announced that first quarter of fiscal year 2023 financial results will be releas...

SRDX - Surmodics Investigated by Block & Leviton for Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm

Boston, Massachusetts--(Newsfile Corp. - January 25, 2023) - Block & Leviton is investigating Surmodics, Inc. (NASDAQ: SRDX) for potential securities law violations. Investors who have lost money in their Surmodics investment should contact the firm to learn more about how they might recove...

SRDX - Surmodics sinks as FDA declines to approve drug-coated balloon

Surmodics, Inc. ( NASDAQ: SRDX ) shares approached a three-year low on Thursday after the MedTech company announced that the FDA said its premarket approval application for the SurVeil drug-coated balloon was not approvable in the current form. In a letter to the company, the agency r...

SRDX - Differentiated Capabilities of Surmodics' Crystalline Drug Release Platform for Sirolimus-Coated Balloons Presented at ISET Conference

Surmodics’ proprietary Crystalline Drug Release (CDR) platform enhances sirolimus stability, transfer, and retention in tissue CDR discussed in connection with 12-month data from Surmodics’ SWING trial of the Sundance™ Sirolimus-Coated Balloon Surmodics, Inc. (N...

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