Iridex Corp (IRIX) Misses Q1 EPS by 3c
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IRIDEX Reports 2016 First Quarter Results
May 5, 2016 4:07 PM EDTMOUNTAIN VIEW, Calif., May 5, 2016 /PRNewswire/ --Â IRIDEX Corporation (Nasdaq: IRIX) today reported financial results for the first quarter ended April 2, 2016.Â
Revenues were $11.9 million for the first quarter of 2016, up 11 percent from $10.8 million for the 2015 first quarter and a record for first quarter revenues. Gross margin for the 2016 first quarter was 44.4 percent compared to 50.1 percent for the first quarter of the prior year. Operating income for the 2016 first quarter was $0.2 million compared to $0.4 million... More