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Stock impact report

IRIDEX Announces 2018 Third Quarter Financial Results and Raises Full Year 2018 Guidance

IRIDEX Corporation (IRIX) 
Last iridex corporation earnings: 3/12 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
MOUNTAIN VIEW, Calif., Nov. 01, 2018 (GLOBE NEWSWIRE) -- IRIDEX Corporation (Nasdaq: IRIX) today reported financial results for the third quarter and nine months ended September 29, 2018. Third Quarter Highlights Cyclo G6™ product revenue increased approximately 23% year-over-yearShipped 10,400 G6 probesShipped 117 G6 laser systemsTotal revenue of $11.3 millionReceived FDA Clearance to introduce updated TruFocus LIO Premiere™ Laser Accessory to the U.S. MarketCompleted public offering of common stock with gross proceeds of $11.5 million “Our solid performance in the third quarter includes year-over-year growth in shipments of G6 systems and probes,” said William M. Moore, President and CEO. “We are pleased with the expanding awareness and acceptance of MicroPulse technology driven by our enhanced commercial team, along with support from a broad base of glaucoma specialists and comprehensive ophthalmologists advocating for the use of our G6 platform to treat the spect Show less Read more
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