Surmodics, Inc. reported earnings results for the first quarter ended December 31, 2023. For the first quarter, the company reported revenue was USD 30.55 million compared to USD 24.93 million a year ago. Net loss was USD 0.786 million compared to USD 7.84 million a year ago.

Basic loss per share from continuing operations was USD 0.06 compared to USD 0.56 a year ago. Diluted loss per share from continuing operations was USD 0.06 compared to USD 0.56 a year ago.