Iridex Corp (IRIX) Reports Q1 EPS of $0.02

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IRIDEX Reports 2015 First Quarter Results

May 7, 2015 4:07 PM EDT

MOUNTAIN VIEW, Calif., May 7, 2015 /PRNewswire/ -- IRIDEX Corporation (Nasdaq: IRIX) today reported financial results for the first quarter ended April 4, 2015. 

Revenues were $10.8 million in the first quarter of 2015, up 5% from $10.3 million in the 2014 first quarter and a record for first quarter revenues. Gross margin for the 2015 first quarter was 50.1%, up from 48.9% in the first quarter of the prior year. Operating income in the 2015 first quarter was $0.4 million compared with operating income of $0.6 million in the 2014 first quarter. Net income for the first quarter of... More