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Stock impact report

Iridex Announces Plans to Relocate Headquarters

IRIDEX Corporation (IRIX) 
Last iridex corporation earnings: 3/12 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
MOUNTAIN VIEW, Calif., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Iridex Corporation (Nasdaq: IRIX), a worldwide leader providing innovative and versatile laser-based medical systems, delivery devices, and procedure probes for the treatment of glaucoma and retinal diseases, today announced its intent to relocate the Company’s headquarters from Mountain View, California to San Jose, California. On January 26, 2026, the Company signed a non-binding letter of intent for a new lease (the “Lease”). The Company plans to move to the 31,000 square feet location and is expecting to generate savings of approximately $0.4 million in fiscal year 2026 and approximately $0.6 million in savings on an annualized basis thereafter. The terms of the Lease remain subject to change, and the Company cannot provide any guarantee that the Lease will be executed upon these same terms or at all. “We committed to reducing operating expenses for Iridex and we have delivered on this commitment over the past year. Redu Show less Read more
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