Iridex: Q4 Earnings Insights

Iridex IRIX reported its Q4 earnings results on Tuesday, March 26, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Iridex missed estimated earnings by -260.0%, reporting an EPS of $-0.18 versus an estimate of $-0.05.

Revenue was down $2.74 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 7.000000000000001% increase in the share price the next day.

Here's a look at Iridex's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	-0.12	-0.11	-0.12	-0.11
EPS Actual	-0.11	-0.17	-0.13	-0.07
Revenue Estimate	13.48M	14.23M	13.64M	15.16M
Revenue Actual	12.85M	12.86M	13.71M	15.20M

To track all earnings releases for Iridex visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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