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Stock impact report

IRIDEX Announces 2019 First Quarter Financial Results

IRIDEX Corporation (IRIX) 
Last iridex corporation earnings: 3/12 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
MOUNTAIN VIEW, Calif., May 02, 2019 (GLOBE NEWSWIRE) -- IRIDEX Corporation (Nasdaq: IRIX) today reported financial results for the first quarter ended March 30, 2019. First Quarter Highlights Total revenue of $10.6 million, an 11% increase year-over-yearCyclo G6® product revenue of $3.1 million, a 9% increase year-over-yearShipped a record 14,000 Cyclo G6 probesShipped 114 Cyclo G6 Glaucoma Laser SystemsStrong presence at the American Glaucoma Society and World Glaucoma Congress including 22 poster and podium presentations, matching the company’s 2018 total in one quarter “Our first quarter results were solid, representing strong growth in our Cyclo G6 business and stabilization in the retina business. Importantly, for the first time, we saw sequential Cyclo G6 probe shipment growth from a fourth quarter to first quarter. We believe this trend signals increased probe consumption by existing customers,” said William M. Moore, President and CEO.  “Our Cyclo G6 platform continues t Show less Read more
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