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Iridex Corp (IRIX) Misses Q3 EPS by 4c; Affirms Outlook

Go back to Iridex Corp (IRIX) Misses Q3 EPS by 4c; Affirms Outlook

IRIDEX Reports 2016 Third Quarter, Nine-Month Results

November 3, 2016 4:05 PM EDT

MOUNTAIN VIEW, Calif., Nov. 3, 2016 /PRNewswire/ -- IRIDEX Corporation (Nasdaq: IRIX) today reported financial results for the third quarter and nine months ended October 1, 2016. 

Revenues were $9.8 million for the third quarter of 2016, flat from $9.8 million for the 2015 third quarter.  Growth in revenues from the Company's Cyclo G6 glaucoma laser platform, which increased 442 percent compared to the third quarter of 2015, was offset by lower revenues in certain retina products although the Company ended the third quarter with a record high... More