Financial PerformanceSurmodics’ Q4 financial results were quite strong relative to the modeling as well as the consensus, with total revenue of $33.2 million, a significant increase compared to the same period a year ago.
Improved Revenue GrowthSRDX's revenue growth, excluding SurVeil license fee revenue, improved to 17% in F4Q24 from 9% in F3Q24.
Medical Device Unit GrowthThe medical device unit accounted for $25.8 million in revenue, reflecting a substantial growth of 22.2%.