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0 0 0 0 0.0625345877144439 -0.000184467810367153 -0.000184467810367153 0.0736026563364693
Stock impact report

Iridex Reports First Quarter 2024 Financial Results [Yahoo! Finance]

IRIDEX Corporation (IRIX) 
Last iridex corporation earnings: 3/12 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
laser-based medical systems, delivery devices, and procedure probes for the treatment of glaucoma and retinal diseases, today reported financial results for the first quarter ended March 30, 2024, and provided a business update. First Quarter 2024 Financial Highlights Generated total revenue of $11.8 million, compared to $13.7 million in the prior year period Cyclo G6® product family revenue in the first quarter of $3.0 million, compared to $3.7 million in the prior year period Sold 13,300 Cyclo G6 probes, compared to 12,700 in the prior quarter and 13,800 in the prior year quarter Sold 22 Cyclo G6 Glaucoma Laser Systems, compared to 61 in the prior year quarter Retina product revenue was $6.8 million, representing a decrease of 6% year-over-year Cash and cash equivalents as of March 30, 2024 was approximately $5.4 million, a reduction of $1.6 million in the quarter “We saw some of the firming we expected during the first quarter, but longer sales cycles continued into Show less Read more
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