Iridex Corp (IRIX) Tops Q2 EPS by 2c

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Iridex Announces Second Quarter 2022 Financial Results

August 15, 2022 4:05 PM EDT

MOUNTAIN VIEW, Calif., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Iridex Corporation (Nasdaq: IRIX) today reported financial results for the second quarter ended July 2, 2022.

Second Quarter 2022 Highlights

Total revenue of $13.8 million, an increase of 2% over the prior year periodGross Margin was 45.6% compared to 45.5% in the prior year periodCyclo G6® product family revenue of $3.5 million, a decrease of 3% year-over-year 15,000 Cyclo G6 probes sold, a 6% decrease year-over-year and a 2% increase quarter-over-quarter48 Cyclo G6 Glaucoma Laser Systems sold, compared to 47 in the prior year quarter... More