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0.0283687943262413 0.0283687943262413 0.0283687943262413 0.0283687943262413 0.0283687943262413 0.0567375886524825 0.0496453900709222 0.0638297872340428
Stock impact report

Iridex Reports Third Quarter 2024 Financial Results

IRIDEX Corporation (IRIX) 
Last iridex corporation earnings: 3/12 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
MOUNTAIN VIEW, Calif., Nov. 12, 2024 (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 reported financial results for the third quarter ended September 28, 2024. Third Quarter 2024 Financial and Recent Highlights Expects to achieve EBITDA breakeven in the fourth quarter of 2024 as a result of actions to reduce costs and improve profitabilityGenerated total revenue of $11.6 million, representing a decline of 8% sequentially from the second quarter of 2024 and a decline of 10% over Q3’23Cyclo G6® product family revenue was $3.1 million, representing growth of 3% from the third quarter of 2023 Sold 13,600 Cyclo G6 probes, compared to 13,200 in the prior year periodSold 26 Cyclo G6 Glaucoma Laser Systems, compared to 27 in the prior year period Retina product revenue was $6.5 million, representing a seq Show less Read more
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