Recap: Iridex Q2 Earnings

Recap: Iridex Q2 Earnings

 

Iridex IRIX reported its Q2 earnings results on Monday, August 15, 2022 at 04:05 PM.

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

Earnings

Iridex beat estimated earnings by 6.67%, reporting an EPS of $-0.14 versus an estimate of $-0.15.

Revenue was up $329 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 2.48% increase in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.16 -0.11 -0.14 -0.15
EPS Actual -0.15 -0.15 -0.14 -0.07
Revenue Estimate 13.41M 14.69M 11.90M 11.61M
Revenue Actual 13.39M 15.25M 13.26M 13.43M

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.

Posted In: BZI-RecapsEarnings