Navigation Links
IRIDEX Reports 2013 First Quarter Results
Date:5/2/2013

MOUNTAIN VIEW, Calif., May 2, 2013 /PRNewswire/ -- IRIDEX Corporation (Nasdaq: IRIX) today reported financial results for the first quarter ended March 30, 2013.

  • Ophthalmology revenues in the first quarter were $8.9 million, a first quarter record, compared to $8.3 million in the prior year period.
  • Gross margin for the first quarter was 47.3%, compared to 48.0% in the prior year period. Margins were impacted in the quarter by strong international sales through our distributor network with a product mix favoring laser systems, which have lower margins than the Company's consumable products.
  • Operating expenses were $3.8 million in the first quarter which were reduced to $3.3 million as a result of the Company receiving $0.5 million in the form of a cash distribution from an insurance carrier. This compares to $4.2 million in the prior year period.
  • Income from continuing operations for the first quarter was $0.9 million, or $0.10 per basic share ($0.09 per diluted share), compared with a loss from continuing operations of $0.3 million, or $0.03 loss per basic and diluted share, in the prior year period.  
  • Guidance for second quarter 2013: The Company expects to achieve revenues between $8.9 million and $9.2 million and gross margins between 47% and 49%. Operating expenses are expected to be between $4.0 million and $4.2 million.
  • CEO William M. Moore said, "We demonstrated good execution in the first quarter as the Company increased revenues and profits.  In addition to these commercial and operational gains, we completed the successful product launch of TxCell™, our high speed scanning laser delivery system, and concluded negotiation of a beneficial selling and supply chain agreement with Peregrine Surgical. Of particulate note, the percentage of customers ordering new lasers with MicroPulse™ in the first
    '/>"/>

    SOURCE IRIDEX Corporation
    Copyright©2012 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6

    Related medicine technology :

    1. IRIDEX Announces Receipt of Large Orders for Laser Systems from Developing Countries
    2. IRIDEX Announces First Quarter 2013 Conference Call and Release Date
    3. IRIDEX Announces Global Distribution and Supply Agreement with Peregrine Surgical, Ltd.
    4. IRIDEX Reports Record 2012 Fourth Quarter Results
    5. IRIDEX Announces Fourth Quarter and Full Year 2012
    6. IRIDEX Announces Preliminary Unaudited Revenues for 2012 Fourth Quarter and Year End
    7. IRIDEX Corporation Announces Preliminary Results of its Tender Offer
    8. IRIDEX Announces FDA 510(k) and CE Clearance of New Laser Delivery System for Fast, Non-invasive Treatment of Serious Retinal Diseases
    9. QUANTEL Medical Signs Global Licensing Agreement with IRIDEX
    10. IRIDEX Announces Tender Offer to Purchase up to 487,500 Shares of its Common Stock
    11. IRIDEX Reports 2012 Third Quarter Results
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:12/19/2014)... 2014  RESMED INC. (NYSE: RMD ) today ... year 2015 results on Thursday, January 22, 2015, after the ... ResMed,s results will be issued after 1:00 p.m. US Pacific ... operating results and future outlook. The earnings call ... and the live webcast of the call can be accessed ...
    (Date:12/19/2014)... 18, 2014 Since last month,s FBI shutdown ... known as the leading online black market for illegal ... in its offering of drugs and other illegal items.  ... takedowns did succeed in lowering the numbers of drugs ... the markets in August. But some new sites that ...
    (Date:12/19/2014)... France , Dec. 19, 2014  Eli Lilly ... (Euronext Paris: FR0011184241 – ADOC) today announced a worldwide ... as BioChaperone Lispro, for treatment in people with type ... Adocia,s proprietary BioChaperone® technology and is currently in Phase ... BioChaperone Lispro with the goal of optimizing glucose levels ...
    Breaking Medicine Technology:ResMed To Announce Second Quarter 2015 Results 2Post Silk Road - Another Online Drug Den Now Dominates the DarkNet 2Post Silk Road - Another Online Drug Den Now Dominates the DarkNet 3Lilly and Adocia Announce Alliance to Co-Develop Ultra-Rapid Insulin Based on BioChaperone Technology 2Lilly and Adocia Announce Alliance to Co-Develop Ultra-Rapid Insulin Based on BioChaperone Technology 3
    (Date:12/17/2014)... A group of 127 scientists sent an ... reaction to a recent statement by the center that was ... derogated the efficacy of all brain exercises. , Signatories to ... of the center’s statement critical of brain exercise companies that ... overstated its case, in a document it had entitled “A ...
    (Date:12/17/2014)... FL (PRWEB) December 17, 2014 No ... not been able to eradicate the head louse parasite—a ... hassle for parents. Each year between six and twelve ... Troopers, the Miami-based lice removal treatment company comes to ... non-toxic and environmentally friendly. With its track record of ...
    (Date:12/17/2014)... Project Veritas is releasing a video interview of ... and Obamacare architect Jonathan Gruber to public attention. Award-winning ... which is being distributed on YouTube. , During the ... the Affordable Care Act in order to hide a ... per year tax grab. , “President Obama promised us ...
    (Date:12/17/2014)... Mozes HealthDay Reporter , TUESDAY, ... infectious diseases, one worrisome phenomenon is when an illness that ... -- known as zoonosis -- is not uncommon and keeps ... an animal-borne disease might make inroads into the human population. ... -- and the culprits in this case were guinea pigs. ...
    (Date:12/17/2014)... News) -- Poor students get more fruits and vegetables at ... But, the opposite is true for students from wealthier ... at school may give a healthy boost to poor students, ... the family income level, students all ate a similar amount ... The study was published recently in the journal Preventive ...
    Breaking Medicine News(10 mins):Health News:Scientists to Stanford: Research Shows Brain Exercises Can Work 2Health News:Scientists to Stanford: Research Shows Brain Exercises Can Work 3Health News:Scientists to Stanford: Research Shows Brain Exercises Can Work 4Health News:Lice Troopers Announces New Lice Treatment Clinic in Coral Gables to Service Key Biscayne, Coconut Grove, Kendall, Brickell & South Miami 2Health News:Project Veritas: James O’Keefe Interviews the Man Who Discovered Jonathan Gruber Videos 2Health News:Guinea Pigs Can Be Source of Serious Strep Infection 2Health News:Guinea Pigs Can Be Source of Serious Strep Infection 3Health News:Poor Students Eat Healthier Foods at School, Study Finds 2
    ... the University of California, San Diego (UCSD) School of ... Heredia in Lima, Peru, have// developed a novel approach ... – a severe, water-borne disease that is the common ... in urban areas throughout the developing world – from ...
    ... Forest University School of Medicine and their colleagues, an ... diabetics// have poorer control of blood sugar than whites. ... explain why blacks have disproportionately higher rates of death ... author of the study published online today (Aug. 25) ...
    ... After years of emotional debate, US health authorities have ... a prescription for women 18 years and older.// ... from a physician, the Food and Drug Administration said ... dosage of hormones contained in birth control pills, interrupts ...
    ... study aimed at understanding the influences of paternity on ... the strength of their close// resemblance with humans. Tiny ... lent a valuable insight into how fatherhood ... ,Researchers found that there were structural changes in ...
    ... Obesity experts say that just increasing the time that kids ... more action and thus reduce weight. //Economist John Cawley of ... government data showed the number of students taking part in ... 2005. ,They also examined data on 37,000 teens ...
    ... use of NSAID by women in their first trimester ... ,Non-steroidal anti-inflammatory drugs, NSAIDs, Cardiac septal defects, ... control, Congenital abnormality, Diabetes ,Women who take ... be more likely to give birth to babies with ...
    Cached Medicine News:Health News:New Approach Assesses Risk of Water-Borne Pathogen Disease 2Health News:New Approach Assesses Risk of Water-Borne Pathogen Disease 3Health News:Racial differences show difference in blood sugar control too!! 2Health News:NSAIDs In First trimester Linked To Congenital Anomalies In Babies 2
    Featuring a secure and tamper-evident adhesive closure, computer-generated Smart ScanBand can be simultaneously printed with bar code information and programmed with RFID information....
    ... System helps protect infants, patients, staff, and ... efficiencies, cost savings, and overall peace of ... constrained healthcare facilities., And with HALO, youre ... versatile solution, but also unique-skin sensing RFID ...
    VerdaSee Dock Door Portal ID solutions provide high performance tracking of assets that enter or leave healthcare facilities through dock doors....
    VerdaSee Portal ID is a family of solutions that provide automated tracking and tracing of assets as they enter or leave designated areas within a healthcare facility....
    Medicine Products: