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:7/31/2015)... -- According to a new market research ... (BIA), Dual-Energy X-ray Absorptiometry (DEXA), Skinfold Calipers, Air Displacement ... Forecast to 2019", published by MarketsandMarkets, the global Body ... and is estimated to grow to $1,425.7 Million by ... to 2019. Browse 41 market data ...
    (Date:7/30/2015)... , July 30, 2015  ResMed (NYSE: ... signed a definitive agreement to acquire Curative ... ventilation and sleep-disordered breathing medical devices and ... market reputation in China, combined with ResMed,s global leadership in sleep and ... China suffering from ...
    (Date:7/30/2015)... IRVINE, Calif. , July 30, 2015 /PRNewswire/ ... Novartis /Alcon executives have recently contacted the Company ... will begin as early as Monday, August 3, ... been quoted as saying that the coming electronic ... billions of dollars over the next several years.  ...
    Breaking Medicine Technology:Body Composition Analyzers Market Worth $1,425.7 Million by 2019 2Body Composition Analyzers Market Worth $1,425.7 Million by 2019 3Body Composition Analyzers Market Worth $1,425.7 Million by 2019 4ResMed Invests in High-Growth Chinese Sleep and Respiratory Care Market with Curative Medical 2ResMed Invests in High-Growth Chinese Sleep and Respiratory Care Market with Curative Medical 3
    (Date:7/31/2015)... ... , ... Awarded to only the Top 10 hair transplant practices in the ... latest recipients of the Center of Clinical Excellence for ARTAS Robotic Hair Transplantation ... the science of hair transplant. , Parsa Mohebi Hair Restoration is known worldwide for ...
    (Date:7/31/2015)... ... July 31, 2015 , ... Eldermark Software, the ... Center for Aging Services Technologies (CAST) Medication Management Technologies whitepaper. The whitepaper is ... providers understand the benefits of using medication management technologies . ...
    (Date:7/31/2015)... ... July 31, 2015 , ... EB Medicine, leading publisher of ... is pleased to announce that it has partnered with AgileMD to release ... iPads, and Android smartphones and tablets. , “The April 2015 launch of ...
    (Date:7/31/2015)... ... ... “ Crack’em ” was featured on NewsWatch as part of its monthly ... Forstrom, a technology expert and special reporter for NewsWatch, conducted the review and shared ... can be a very messy experience, especially when cracking eggs. Cracking an egg is ...
    (Date:7/31/2015)... (PRWEB) , ... July 31, 2015 , ... India ... United States for temporary work, study or family visit for the past 25 years. ... 80s and 90s are able to travel and spend time with their children and ...
    Breaking Medicine News(10 mins):Health News:Prestigious Medical Award Given To Parsa Mohebi Hair Restoration for Excellence in Hair Transplantation 2Health News:LeadingAge Selects Eldermark Case Study to Highlight Medication Error Reduction Results 2Health News:LeadingAge Selects Eldermark Case Study to Highlight Medication Error Reduction Results 3Health News:EB Medicine Launches Mobile Application for Pediatric Emergency Medicine 2Health News:EB Medicine Launches Mobile Application for Pediatric Emergency Medicine 3Health News:Make Less Mess while Cooking with Crack’em 2Health News:India Network Visitor Health Insurance Announces Completion of Food Grains Distribution to Godavari Pushkaram Visitors, Andhra Pradesh, India 2Health News:India Network Visitor Health Insurance Announces Completion of Food Grains Distribution to Godavari Pushkaram Visitors, Andhra Pradesh, India 3
    ... examine the effects of soy on menopause, researchers have found ... and severity of hot flashes by up to 26 percent, ... Menopause: The Journal of the North American Menopause Association, ... women. Although the effectiveness of soy in alleviating ...
    ... team of scientists, engineers and physicians from Brigham ... Harvard Medical School (HMS), Massachusetts Institute of Technology ... Wayne State University Karmanos Cancer Institute, and Weill ... a first-in-class targeted cancer drug called BIND-014 in ...
    ... -- Obese white women are less likely than normal-weight white ... potentially life-saving colon cancer screenings, according to a new study. ... with a higher risk for colon cancer and an increased ... Nisa Maruthur, an assistant professor in the general internal medicine ...
    ... -- Nine physician specialty groups have created lists of common ... unnecessary, to help doctors and patients make wiser decisions about ... five tests or procedures in their respective fields. The lists ... Wisely campaign. The lists of "Five Things Physicians ...
    ... Cambridge, MA (April 4, 2012)-- IntegraGen, Inc., a biotechnology ... launch of the ARISk Risk Assessment Test, a gender ... markers associated with Autism Spectrum Disorder (ASD). The test ... children from multiplex familiessiblings of children with ASD who ...
    ... males who have been sexually abused are five times more ... abuse history, according to University of British Columbia research. Sexually ... multiple sexual partners and twice as likely to engage in ... Journal of Adolescent Health ,s June issue, the UBC study ...
    Cached Medicine News:Health News:Soy may alleviate hot flashes in menopause, large-scale study finds 2Health News:First targeted nanomedicine to enter human clinical studies 2Health News:First targeted nanomedicine to enter human clinical studies 3Health News:First targeted nanomedicine to enter human clinical studies 4Health News:Obese White Women Shying Away From Colon Cancer Screening 2Health News:Physician Groups Call for Fewer Medical Tests 2Health News:IntegraGen launches ARISk test, a genetic screening tool for autism in high-risk children 2Health News:IntegraGen launches ARISk test, a genetic screening tool for autism in high-risk children 3Health News:Sexually abused boys at risk for more unsafe sex: UBC research 2
    ... Further expanding the growing portfolio ... Pulse Oximeter is a compact, affordable ... advanced signal processing technology, it offers ... and is compatible with the complete ...
    ... of the revolutionary OxiMax® Pulse Oximetry ... combines Nellcor's best-in-class pulse oximetry with ... motion-tolerant OxiMax N-595 Pulse Oximeter is ... processing technology, which enables it to ...
    The Model 900 is a new desk top pulse oximeter that was designed for continuous pulse oximetry and has visual and audible alarms to aid with patient monitoring. It also incorporates an LCD waveform m...
    The Model 340 is intended for continuous pulse oximetry and has visual and audible alarms to aid with patient monitoring....
    Medicine Products: