Navigation Links
IRIDEX Reports Fourth Quarter and Full Year 2008 Financial Results
Date:3/10/2009

MOUNTAIN VIEW, Calif., March 10 /PRNewswire-FirstCall/ -- IRIDEX Corporation (Nasdaq: IRIX) today reported its financial results for the fourth quarter and full fiscal year ended January 3, 2009.

Revenues for the fourth quarter of 2008 were $12.1 million, a 14.1% decrease from the $14.1 million reported for the fourth quarter of 2007. The company's net loss was $6.5 million or $0.74 per diluted share for the fourth quarter of 2008 compared with a loss of $15.8 million or a loss of $1.82 per diluted share in the fourth quarter of 2007. The fourth quarter results for 2008 and 2007 include an impairment charge of $5.4 million and $14.7 million, respectively, for write down of goodwill and intangible assets acquired from the AMS/Laserscope aesthetics acquisition which occurred in January 2007 and represents $0.61 and $1.69 per diluted share, respectively.

Revenues for the fiscal year ended January 3, 2009 were $48.5 million, compared with $55.5 million reported for 2007, a 12.6% decrease. Ophthalmology sales remained constant, the decrease in total revenues for fiscal 2008 was primarily attributable to a reduction in aesthetics sales resulting from the global contraction of the aesthetics market. The company's net loss, excluding the impact for the write down of goodwill and intangibles was $2.0 million or $0.23 per diluted share for the 2008 fiscal year compared with a net loss of $7.6 million or $0.91 per diluted share in 2007. Including the write down of goodwill and intangibles, the results were a net loss of $7.4 million or $0.84 per diluted share for 2008 compared with a net loss of $22.3 million and $2.69 per share for 2007.

Mr. Theodore A. Boutacoff, President and CEO stated, "2008 presented us with a number of challenges. At the beginning of the year we set our goals to become cash flow positive, pay the $6.
'/>"/>

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

Page: 1 2 3 4 5 6 7 8

Related medicine news :

1. IRIDEX Announces Closing of $5.0 Million Private Placement
2. William Moore Appointed to IRIDEX Board of Directors
3. IRIDEX Appoints Burr, Pilger & Mayer New Independent Auditor
4. James B. Hawkins Appointed to IRIDEX Board of Directors
5. Theodore A. Boutacoff Appointed President & CEO of IRIDEX
6. IRIDEX Announces Third Quarter 2007 Conference Call and Release Date
7. IRIDEX Reports Third Quarter Financial Results
8. IRIDEX Announces Fourth Quarter and Full Year 2007 Conference Call and Release Date
9. IRIDEX Reports Fourth Quarter and Full Year 2007 Financial Results
10. IRIDEX Announces First Quarter 2008 Conference Call and Release Date
11. IRIDEX Reports First Quarter 2008 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/2/2015)... VA (PRWEB) , ... July 02, 2015 , ... sweetFrog Enterprises, LLC. is pleased to ... 18th sweetFrog store located in the Lone Star State. The premium frozen yogurt chain was ... The store, which opened June 19 in the Village at Bachman Lake, is located at:, ...
(Date:7/2/2015)... (PRWEB) , ... July 02, 2015 , ... Many Fourth ... in mind. That’s why Amica Insurance is sharing some tips to promote ... (CPSC), approximately 230 people go to the emergency room daily with fireworks-related injuries in ...
(Date:7/2/2015)... ... July 02, 2015 , ... Get ready ... SIGVARIS PERFORMANCE SOCKS. Since the socks were first introduced, they have rapidly been ... popularity has inspired four new, fun shades including: blue, lime, pink and red. ...
(Date:7/2/2015)... ... 2015 , ... When The American Journal of Managed ... Web-based session, the speakers discussed the importance of accountable care organizations (ACOs) as ... care. , During the session, participants learned the ins and outs of the ...
(Date:7/2/2015)... (PRWEB) , ... July 02, 2015 , ... Real Time Pain Relief (RTPR), ... an agreement with Big Sky PBR to sponsor The Fifth Annual Big Sky ... Pain Relief will offer product samples of their popular pain relief lotion and products at ...
Breaking Medicine News(10 mins):Health News:sweetFrog Opens 18th Location in the Lone Star State 2Health News:6 Fireworks Safety Tips from Amica Insurance 2Health News:SIGVARIS is Sporting Four Brand New Colors in the Popular PERFORMANCE SOCK Product Line 2Health News:ACO Coalition Discusses the Future of Medicare Payments and the Benefits of Providing More Care 2Health News:ACO Coalition Discusses the Future of Medicare Payments and the Benefits of Providing More Care 3Health News:ACO Coalition Discusses the Future of Medicare Payments and the Benefits of Providing More Care 4Health News:Real Time Pain Relief Sponsors The Fifth Annual Big Sky Professional Bull Riders Event at Big Sky Town Center in July 2Health News:Real Time Pain Relief Sponsors The Fifth Annual Big Sky Professional Bull Riders Event at Big Sky Town Center in July 3
... East Anglia have found that gold nanoparticles are very ... reveal the presence of poisons far faster than existing ... lab. This they hope would help in aiding investigations ... David Russell use of gold nanoparticles that are only ...
... being hailed as a milestone, researchers at the Wake Forest ... in laboratory conditions and what’s more// have implanted these bladders ... led by Dr. Anthony Atala has published their experimental study ... the seven children in the study were suffering from a ...
... a preliminary investigation it has been found that if there ... liver disease late on.// ,This case control ... the above mentioned result. Intrahepatic cholestasis of pregnancy (ICP) is ... the liver. ,The study is published in the ...
... and you are on a dieting course, there might be ... Nutrition scientists from// Arizona State University report that the amount ... with the lower body fat. ,If there is far ... cause increased body fat and waist measurements. Nutrition researchers from ...
... 155 million population carries the deadly hepatitis virus, a ... ,"Hepatitis B and C is a time bomb waiting ... control it," said the president of the Pakistan Medical ... report. ,The association represents medical practitioners and ...
... A new study has revealed that skateboarders have better ... compared to their more sedentary peers. // ... April issue of Pediatrics. It is authored by Melissa ... with co-author Dr. Penny Gordon-Larsen, an assistant professor of ...
Cached Medicine News:Health News:Gold Nanoparticles Are Good Detectors Biological Toxins 2Health News:Intrahepatic cholestasis during pregnancy predisposes to later liver disease 2Health News:Vital Facts of Short Term Diets - Catch The Vitamin Behind An Ample Waist! 2
(Date:7/2/2015)...  The Commission for Certification in Geriatric Pharmacy ... that represents pharmacists in acute and ambulatory settings, ... for recertification of Certified Geriatric Pharmacists.  ASHP will ... this purpose.  ASHP will join the American Society ... CCGP Professional Development Program. ...
(Date:7/2/2015)... 2, 2015   BioLife Solutions , Inc. (NASDAQ: ... clinical grade cell and tissue hypothermic storage and ... hosted biologistics cold chain management app for smart ... Seattle Business Magazine has included BioLife in its annual ... Washington state for 2015. ...
(Date:7/2/2015)... -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, announced ... in the Southern District of West Virginia ... Ethicon for a single trial to take place on ... women include claims from the women plaintiffs that they ... Johnson,s Ethicon subsidiary. The cases against Ethicon are among ...
Breaking Medicine Technology:Commission for Certification in Geriatric Pharmacy Adds ASHP as Professional Development Program Provider 2BioLife Solutions Named One of the 100 Best Companies to Work For in Washington State 2BioLife Solutions Named One of the 100 Best Companies to Work For in Washington State 3Judge Sets Single Trial for 26 Ethicon Mesh Cases, says Legal-Bay Lawsuit Settlement Funding 2Judge Sets Single Trial for 26 Ethicon Mesh Cases, says Legal-Bay Lawsuit Settlement Funding 3
... 2010 Reportlinker.com announces that a new market research ... Chinese Markets for Drug Delivery System ... demand for Drug Delivery System has grown at a ... five years, both production and demand will continue to ...
... GARDENS, Fla., Dec. 9, 2010 The national media keeps ... results of the NYU one-year research study on pediatric dosing ... Journal of the American Medical Association ,s December issue. The ... top children,s liquid medications, found inconsistencies across all the medications, ...
Cached Medicine Technology:Reportlinker Adds Chinese Markets for Drug Delivery System 2Reportlinker Adds Chinese Markets for Drug Delivery System 3Reportlinker Adds Chinese Markets for Drug Delivery System 4Reportlinker Adds Chinese Markets for Drug Delivery System 5AccuDial® Pharmaceutical Solves OTC Dosing Errors for Children's Liquid Medications 2AccuDial® Pharmaceutical Solves OTC Dosing Errors for Children's Liquid Medications 3
... The COMPACT Portable II A/B ... images close to analog quality. ... simply nothing like it. Keep ... system or take it to ...
The ultimate ultrasound system for clinical ophthalmologists....
... Eye care in the ... and flexibility. The Alcon® UltraScan® ... multifunction system targeted at clinical ... Biometry. Easy-to-use software, permits step-by-step ...
... Micro-Incision Cataract Surgery (MICS) Is ... unique double-step hexagonal shape, the ... for MICS. The consistently sharp-edged ... allow you to obtain accurate ...
Medicine Products: