AP NEWS
ADVERTISEMENT
Related topics

Iridex: Q4 Earnings Snapshot

March 22, 2021 GMT

MOUNTAIN VIEW, Calif. (AP) _ Iridex Corp. (IRIX) on Monday reported a loss of $179,000 in its fourth quarter.

On a per-share basis, the Mountain View, California-based company said it had a loss of 1 cent.

The medical laser company posted revenue of $12.3 million in the period.

For the year, the company reported that its loss narrowed to $6.3 million, or 46 cents per share. Revenue was reported as $36.3 million.

Iridex shares have nearly tripled since the beginning of the year. In the final minutes of trading on Monday, shares hit $7.43, more than quadrupling in the last 12 months.

ADVERTISEMENT

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IRIX at https://www.zacks.com/ap/IRIX