Navigation Links
IRIDEX Reports First Quarter 2009 Financial Results
Date:5/14/2009

ng expenses exceptionally well.

"Our profitable performance during the first quarter reflects steady progress towards successfully implementing our strategic objectives," Mr. Boutacoff continued, "which are: continuing to manage the Company to be cash flow positive while driving profitability; putting the majority of our focus on our Ophthalmology business and looking to invest in growth opportunities for Ophthalmology.

"During the first quarter our financial strength continued to improve with $0.9 million in cash generated from operations which allowed us to increase our cash balance and at the same time start reducing our bank debt; as a result we now have cash in excess of our debt," continued Mr. Boutacoff. "We believe our strategy of continuing to focus on our Ophthalmology business is bearing fruit. Our Ophthalmology recurring revenues have grown quarter over comparable quarter even in these tough times. Furthermore, we announced that the first shipment of the IQ 577, our high-power, true yellow (577 nm wavelength) laser system for use by ophthalmologists was shipped in April for commercial sale, and we see the addition of the IQ 577 to our Ophthalmology product line as reinforcement of the IRIDEX brand for high quality technically advanced Ophthalmology products."

Cash and cash equivalents were $5.7 million as of April 4, 2009, up from $5.3 million in January 3, 2009, while bank debt was $5.5 million as of April 4, 2009, down from $6.0 million as of January 3, 2009.

Conference Call

IRIDEX management will conduct a conference call later today, Thursday, May 14, 2009 at 5:00 p.m. Eastern Time. Interested parties may access the live conference call via telephone by dialing (877) 941-9205 (U.S.) or (480) 629-9041 (International) and quoting Conference ID 4075884, or by visiting the Company's website at www.iridex.com.
'/>"/>

SOURCE IRIDEX Corporation
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related medicine news :

1. IRIDEX Announces First Quarter 2009 Conference Call and Release Date
2. IRIDEX Announces Shipment of New IQ 577(TM) Laser Systems
3. IRIDEX Reports Fourth Quarter and Full Year 2008 Financial Results
4. IRIDEX Announces Fourth Quarter and Full Year 2008 Conference Call and Release Date
5. IRIDEX Reports Third Quarter 2008 Financial Results
6. IRIDEX Announces Third Quarter 2008 Conference Call and Release Date
7. IRIDEX Reports First Quarter 2008 Financial Results
8. IRIDEX Announces First Quarter 2008 Conference Call and Release Date
9. IRIDEX Reports Fourth Quarter and Full Year 2007 Financial Results
10. IRIDEX Announces Fourth Quarter and Full Year 2007 Conference Call and Release Date
11. IRIDEX Reports Third Quarter Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/29/2014)... CRN International has promoted a longtime executive ... Upton, an 11-year veteran at the radio marketing company, ... managing the day-to-day execution of all CRN client campaigns. ... all activities for CRN clients, which include some ... The department interfaces directly with clients, sets project timelines ...
(Date:7/29/2014)... Somerset, NJ (PRWEB) July 29, 2014 ... drug development solutions and advanced delivery technologies for ... that Dr. Jeff Browne, R&D Director and US ... the Bioavailability of Absorption-Limited Drugs with Lipid-Based Formulations ... 30th Annual Meeting of the Japan Society of ...
(Date:7/29/2014)... 2014 TMG Health, the leading ... health plans in the Medicare Advantage, Medicare Part ... held its annual Client Forum at its National ... theme, “Partners in Excellence: Navigating the Post-Reform Landscape ... leaders from TMG Health’s Client base of Health ...
(Date:7/29/2014)... According to an article in the Daily ... a 52 year old woman in India. The surgery took ... had no idea that she had such a large tumor ... for years, but did not connect it to a possible ... the massive uterine fibroid after Latha was admitted for heavy ...
(Date:7/29/2014)... 2014 “Our years of experience ... fail to insulate their homes properly simply due ... preventing heat transfer and conduction,” Clean Crawls says ... recently released an article explaining exactly how ... energy bills. , To contact Clean Crawls for ...
Breaking Medicine News(10 mins):Health News:CRN International Names New Director to Lead Client Services Department 2Health News:Catalent Expert to Present on Enhancing Bioavailability of Poorly Absorbed Drugs at Japan Society of Drug Delivery Systems 2Health News:TMG Health Client Forum Explores Strategies for Success in the Post-Reform Market 2Health News:TMG Health Client Forum Explores Strategies for Success in the Post-Reform Market 3Health News:World’s Largest Uterine Fibroid Removed from Patient 2Health News:World’s Largest Uterine Fibroid Removed from Patient 3Health News:What’s The Point of Insulation? Clean Crawls Explains The Dangers of Heat Transfer in Recently Released Article 2
... some common symptoms, due to which physicians often tend to ... occurs when the tongue or throat muscles // relax too ... more than 50 times an hour during sleep, causing snoring ... seconds. The problem is twice as common in men, and ...
... who survive Hodgkin's disease are found to have a higher ... that is given for the same, a new research has ... lymph nodes and the other immune system organs. Researchers found ... breast cancer if they survived Hodgkin's lymphoma. Dr Lois B. ...
... National Hospital, Oslo and other collaborating Universities from many ... 20 years in 900 adults has found that // ... risk of oral cancer in smoking individuals by at ... of developing cardiovascular deaths, the study has found that ...
... worldwide are estimated to suffer from multiple sclerosis (MS), ... young adults, and has a significant impact on the ... an average reduction in relapse rates of 30% in ... to weekly., ,Data from the extension of a ...
... been a dream come true for the scientists who been ... Administration is expected to take an extra step ahead as ... cloned animals, as well as their offspring, are safe to ... to cloning techniques, with Canadian Scientists having proved themselves following ...
... answer for the prayers of millions of men suffering ... robotic arms promises sooner recovery, less pain, scarring and ... cancer is the second leading cause of death among ... Asian men. It is estimated that one in six ...
Cached Medicine News:Health News:Reversibility of symptoms of depression using CPAP in patients with obstructive sleep apnea 2Health News:NSAIDS, Reduces The Risk Of Oral Cancer But Causes Heart Attacks 2Health News:New Hope For Patients With Relapsing Multiple Sclerosis 2Health News:Complete Robotic Surgery To Revolutionize Surgical Treatment of Prostate Cancer 2
(Date:7/29/2014)... 29, 2014  The BioFusionary Corporation, Inc. (TBC), ... proprietary electromagnetic induction platform with aesthetic and surgical ... under which TBC will merge with ... an all-stock transaction. Upon completion of ... the Australian Stock Exchange under the code COT. ...
(Date:7/29/2014)... 29, 2014 Today, Frost & Sullivan ... Sullivan Best Practices Award for Customer Value Leadership. ... platform that connects digital health application developers, medical ... pharmaceutical companies, prevention and wellness companies, population health ... Each year, Frost & Sullivan presents this award ...
(Date:7/29/2014)... --  Health 2.0 announces Bernard Tyson , CEO ... Eric Topol , Patrick Soon-Shiong , and Samsung,s President ... Annual Fall Conference this coming Sept. 21-24 in ... is set to host the very first Wearable Tech Fashion ... Consumer Tech & Wearables: Powering Healthy Lifestyles. The panel ...
Breaking Medicine Technology:The BioFusionary Corporation, Inc. Announces Intent To Complete Reverse Takeover Of Australia-Based Continuation Investments Limited 2The BioFusionary Corporation, Inc. Announces Intent To Complete Reverse Takeover Of Australia-Based Continuation Investments Limited 3Frost & Sullivan Commends Validic for Delivering Superior Customer Value through its mHealth Interoperability Technology Platform 2Frost & Sullivan Commends Validic for Delivering Superior Customer Value through its mHealth Interoperability Technology Platform 3Frost & Sullivan Commends Validic for Delivering Superior Customer Value through its mHealth Interoperability Technology Platform 4Kaiser Permanente CEO to Keynote Health 2.0 8th Annual Fall Conference 2Kaiser Permanente CEO to Keynote Health 2.0 8th Annual Fall Conference 3
Specially designed wider jaws to help split soft nucleus, cross action, round handle, maximum opening 2.8 mm....
Cross action, round handle, maximum opening 2.8 mm....
Irrigating nucleus chopper, wedge-shaped inferior edge with, blunt tip, 0.6 mm dual sideports, 20 gauge....
Nucleus chopper. For bimanual nucleus division....
Medicine Products: