Iridex Corp Reports Results For The Quarter Ended In June: Earnings Summary

IRIDEX

15/08/2022 22:55

* IRIDEX Corp  IRIX.OQ  reported a quarterly adjusted loss
of 14
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 15
cents per share.
    * Revenue rose 2.5% to $13.76 million from a year ago;
analysts
expected $13.92 million. 
    * IRIDEX Corp's reported EPS for the quarter was a loss
of 14
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * IRIDEX Corp shares had risen by 31.1% this quarter and
lost 44.8% so far this year.
    * The company reported a quarterly loss of $2.24 million.
    * Wall Street's median 12-month price target for IRIDEX Corp
is
$9.75 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 15
at 09:55 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.15          -0.14          Beat
 Mar. 31 2022      -0.16          -0.15          Beat
 Dec. 31 2021      -0.11          -0.15          Missed
 Sep. 30 2021      -0.14          -0.14          Met