RTTNews - SurModics Inc. (SRDX: News ) reported third-quarter net income of $3.5 million compared to $4.8 million last year. Earnings per share were $0.20 compared to $0.26 a year ago. On average, 4 analysts polled by Thomson Reuters expected the company to report profit of $0.20 per share for the quarter. Operating income was $4.7 million compared to $7.2 million last year. Revenue was $18.2 million compared to $24.3 million a year ago. Analysts expected revenues of $20.58 million for the quarter.
