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Iridex Q1 EPS $(0.120) Beats $(0.160) Estimate, Sales $9.000M Miss $9.760M Estimate

Iridex (NASDAQ:IRIX) reported quarterly losses of $(0.120) per share which beat the analyst consensus estimate of $(0.160) by 25 percent. This is a 45.45 percent increase over losses of $(0.220) per share from the same

Benzinga · 05/11/2020 20:25

Iridex (NASDAQ:IRIX) reported quarterly losses of $(0.120) per share which beat the analyst consensus estimate of $(0.160) by 25 percent. This is a 45.45 percent increase over losses of $(0.220) per share from the same period last year. The company reported quarterly sales of $9.000 million which missed the analyst consensus estimate of $9.760 million by 7.79 percent. This is a 15.05 percent decrease over sales of $10.595 million the same period last year.