IRIDEX Reports 2016 First Quarter Results

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Iridex Corp (IRIX) Misses Q1 EPS by 3c

May 5, 2016 4:49 PM EDT

Iridex Corp (NASDAQ: IRIX) reported Q1 EPS of $0.01, $0.03 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $11.9 million versus the consensus estimate of $11.88 million.

President and CEO Will Moore said, "Our strong first-quarter results show the significant progress we've made on executing our strategic plan of building a strong business foundation and providing innovative, value-based medical solutions to the global ophthalmology market. IRIDEX delivered record first-quarter revenue of $11.9 million, up... More