Iridex: Q1 Earnings Insights

Iridex IRIX reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM.

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

Iridex missed estimated earnings by 8.33%, reporting an EPS of $-0.13 versus an estimate of $-0.12.

Revenue was up $319 thousand from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 9.07% drop in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.11	-0.14	-0.15	-0.16
EPS Actual	-0.07	-0.11	-0.14	-0.15
Revenue Estimate	15.16M	13.87M	13.92M	13.41M
Revenue Actual	15.20M	14.63M	13.76M	13.39M

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.

Earnings Calendar