Iridex posts $12.8 million net loss in 2018

Iridex reported a net loss of $2.9 million, or $0.21 per share, in 2018’s fourth quarter compared with a net loss of $5.2 million, or $0.44 per share, in the fourth quarter of 2017, according to a press release.
For the full year, the company had a net loss of $12.8 million, or $1.05 per share, compared with 2017’s net loss of $12.9 million, or $1.11 per share.
Revenue increased 12% for the quarter from $10.2 million to $11.5 million and 2.4% for the full year from $41.6 million in (Read more...)

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