IRIDEX Q4 Financial Report Highlights Revenue Miss and EPS Decline
Tuesday, 26 March 2024, 20:18
IRIDEX Q4 Financial Results Overview
IRIDEX recently reported its financial results for Q4, revealing a GAAP EPS miss of $0.13 and a revenue miss of $2.4M.
Key Highlights:
- EPS Miss: GAAP EPS falls short by $0.13, impacting overall profitability.
- Revenue Decline: Revenue misses expectations by $2.4M, signaling a decrease of 17.8% YoY.
The disappointing numbers may raise concerns among investors about IRIDEX's financial performance moving forward.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.