Iridex Corp (IRIX) Misses Q2 EPS by 4c

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IRIDEX Reports 2016 Second Quarter, Six-Month Results

August 4, 2016 4:05 PM EDT

MOUNTAIN VIEW, Calif., Aug. 4, 2016 /PRNewswire/ -- IRIDEX Corporation (Nasdaq: IRIX) today reported financial results for the second quarter and six months ended July 2, 2016. 

Revenues were $11.9 million for the second quarter of 2016, up 32 percent from $9.0 million for the 2015 second quarter. Revenue growth was driven by the Company's Cyclo G6 glaucoma laser platform, which increased 66 percent over the first quarter of 2016. For the first six months of 2016, revenues were $23.8 million compared to $19.8 million in the prior... More