Iridex: Q1 Earnings Insights - Iridex (NASDAQ:IRIX)

Iridex IRIX reported its Q1 earnings results on Thursday, May 12, 2022 at 04:05 PM.

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

Iridex beat estimated earnings by 6.25%, reporting an EPS of $-0.15 versus an estimate of $-0.16.

Revenue was up $1.43 million from the same period last year.

Last quarter the company missed on EPS by $0.04 which was followed by a 6.18% drop in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	-0.11	-0.14	-0.15	-0.14
EPS Actual	-0.15	-0.14	-0.07	-0.14
Revenue Estimate	14.69M	11.90M	11.61M	9.90M
Revenue Actual	15.25M	13.26M	13.43M	11.96M

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.