Iridex Corp (IRIX) Reports Q2 Loss of $0.07/Share

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IRIDEX Reports 2015 Second Quarter, Six-Month Results

August 6, 2015 4:06 PM EDT

MOUNTAIN VIEW, Calif., Aug. 6, 2015 /PRNewswire/ -- IRIDEX Corporation (Nasdaq: IRIX) today reported financial results for the second quarter and six months ended July 4, 2015. 

Revenues were $9.0 million in the second quarter of 2015 compared to $10.6 million in the 2014 second quarter.  For the first six months of 2015, revenues were $19.8 million compared to $20.9 million in the prior year period. Gross margin for the 2015 second quarter was 46.7% compared to 50.0% in the second quarter of the prior year. In the 2015 second quarter, the operating loss was $0.7 million compared to operating income... More