SurModics Inc. reported unaudited consolidated earnings results for the first quarter ended December 31, 2012. For the quarter, the company's total revenue was $13,851,000 compared to $11,916,000 for the same period in 2011. Operating income from continuing operations was $4,877,000 compared to $3,222,000 for the same period in 2011.

Income from continuing operations before income taxes was $6,125,000 compared to $3,368,000 for the same period in 2011. Income from continuing operations was $4,248,000 or $0.29 per basic and diluted share compared to $2,155,000 or $0.12 per basic and diluted share for the same period in 2011. Net income was $4,248,000 or $0.29 per basic and diluted share compared to $2,706,000 or $0.15 per basic and diluted share for the same period in 2011.

Net cash provided by operating activities from continuing operations was $5,407,000 compared to $1,941,000 for the same period in 2011. Net purchases of property and equipment was $857,000 compared to $157,000 for the same period in 2011.