Iridex Corp (IRIX) Reports Q4 EPS of $0.97

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IRIDEX Reports 2014 Fourth Quarter, Year-End Results

March 5, 2015 4:05 PM EST

MOUNTAIN VIEW, Calif., March 5, 2015 /PRNewswire/ -- IRIDEX Corporation (Nasdaq: IRIX) today reported financial results for the fourth quarter and year ended January 3, 2015. 

Revenues were $11.8 million in the fourth quarter of 2014, a record for the Company and up 11% from $10.6 million in the 2013 fourth quarter. Revenues for 2014 were $42.8 million, also a record, up 12% from $38.3 million in 2013. Gross margin for the 2014 fourth quarter was 50.1%, up from 48.6% in the fourth quarter of the prior year. Operating income in the 2014 fourth... More