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Stock impact report

IRIDEX lowers Q4 guidance after recall of laser accessory [Seeking Alpha]

IRIDEX Corporation (IRIX) 
Last iridex corporation earnings: 3/12 04:05 pm Check Earnings Report
Company Research Source: Seeking Alpha
IRIDEX lowers Q4 guidance after recall of laser accessoryThinly traded nano cap IRIDEX (NASDAQ:IRIX) haslowered its guidance for Q4 2017 to $10.2M - 10.3M from $11.0M - 11.1M due to a voluntary recall of its TruFocus LIO Premier, a head-mounted indirect ophthalmoscope used to view and perform procedures on the eye with one of its lasers.The company decided to recall the product after receiving three reports that patients experienced permanent eye damage, including focal cataracts and iris burns, in treatments where the TruFocus LIO Premier was used. It says there are 104 of the devices at customer sites worldwide.It plans to release Q4 and 2017 results on Tuesday, March 8, after the close.See all stocks on the move »Now read:Accuray (ARAY) Presents At RBC Capital Markets Global Healthcare Conference - Slideshow » Show less Read more
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