Iridex Corp (IRIX) Misses Q1 EPS by 1c

Go back to Iridex Corp (IRIX) Misses Q1 EPS by 1c

Iridex Reports First Quarter 2023 Financial Results

May 11, 2023 4:05 PM EDT

MOUNTAIN VIEW, Calif., May 11, 2023 (GLOBE NEWSWIRE) -- Iridex Corporation (Nasdaq: IRIX), a provider of innovative ophthalmic laser-based medical products for the treatment of glaucoma and retinal diseases, today reported financial results for the first quarter ended April 1, 2023.

First Quarter 2023 Highlights

Generated total revenue of $13.7 million, an increase of 2% year-over-yearCyclo G6® product family revenue of $3.7 million increased 4% year-over-year 61 Cyclo G6 Glaucoma Laser Systems sold, compared to 56 in the prior year periodCyclo G6 probe revenue increased 6% year-over-year on decreased unit sales of 13,800 probes... More