IRIDEX (IRIX) Stock Price, News & Analysis

Company Overview

IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. It offers laser consoles, such as Cyclo G6 laser system for use in the treatment of glaucoma; IQ 532 and IQ 577 laser systems, which are used for the treatment of retinal disorders; and OcuLight TX, OcuLight SL, OcuLight SLx, OcuLight GL, and OcuLight GLx laser photocoagulation systems that are used to treat proliferative diabetic retinopathy, macular holes, retinal tears, and detachments. The company also provides delivery devices, including TxCell scanning laser delivery system that allows the physician to perform multi-spot pattern scanning; slit lamp adapter, which allows the physician to utilize a standard slit lamp in diagnosis and treatment procedures; and laser indirect ophthalmoscope for use in procedures to treat peripheral retinal disorders. It offers MicroPulse P3 Probe, which is used with its Cylco G6 laser system to perform MicroPulse transscleral laser therapy; G-Probe, which is used in procedures to treat uncontrolled glaucoma; G-Probe and G-Probe Illuminate, which are used in procedures to treat refractory glaucoma; and EndoProbe family of products for use in vitrectomy procedures. The company serves ophthalmologists, research and teaching hospitals, government installations, surgical centers, hospitals, veterinary practices, and office clinics. It markets its products through direct and independent sales force in the United States, as well as through independent distributors internationally. The company was formerly known as IRIS Medical Instruments, Inc. and changed its name to IRIDEX Corporation in November 1995. IRIDEX Corporation was incorporated in 1989 and is headquartered in Mountain View, California.

Key Stats

• Today's Range: $1.25 to $1.30
• 50-Day Range: $0.88 to $1.53
• 52-Week Range: $0.78 to $2.14
• Volume: 53,405 shs
• Average Volume: 190,979 shs
• Market Capitalization: $21.83 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

IRIX Stock Analysis - Frequently Asked Questions

How have IRIX shares performed this year?

IRIDEX's stock was trading at $1.68 at the start of the year. Since then, IRIX stock has decreased by 22.6% and is now trading at $1.30.

How were IRIDEX's earnings last quarter?

IRIDEX Corporation (NASDAQ:IRIX) released its quarterly earnings data on Tuesday, May, 13th. The medical equipment provider reported ($0.10) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.10). The medical equipment provider earned $11.90 million during the quarter, compared to analysts' expectations of $12.10 million. IRIDEX had a negative trailing twelve-month return on equity of 290.57% and a negative net margin of 14.61%.
Read the conference call transcript.

Who are IRIDEX's major shareholders?

Top institutional investors of IRIDEX include AMH Equity Ltd (1.13%) and Thompson Davis & CO. Inc. (0.34%). Insiders that own company stock include Patrick Mercer, Beverly A Huss and Romeo R Dizon.
View institutional ownership trends.

How do I buy shares of IRIDEX?

Shares of IRIX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of IRIDEX own?

Based on aggregate information from My MarketBeat watchlists, some other companies that IRIDEX investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Broadcom (AVGO), Meta Platforms (META), CymaBay Therapeutics (CBAY), Arista Networks (ANET) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 5/13/2025
• Today: 8/11/2025
• Next Earnings (Estimated): 8/12/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: LASERS - SYS/COMP
• Sub-Industry: Medical Equipment
• Current Symbol: NASDAQ:IRIX
• CIK: 1006045
• Web: www.iridex.com
• Phone: (650) 940-4700
• Fax: 650-940-4710
• Employees: 120
• Year Founded: 1989

Profitability

• EPS (Trailing Twelve Months): ($0.43)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$8.91 million
• Net Margins: -14.61%
• Pretax Margin: -14.53%
• Return on Equity: -290.57%
• Return on Assets: -22.86%

Debt

• Debt-to-Equity Ratio: 4.28
• Current Ratio: 1.95
• Quick Ratio: 1.27

Sales & Book Value

• Annual Sales: $48.67 million
• Price / Sales: 0.45
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.13 per share
• Price / Book: 10.00

Miscellaneous

• Outstanding Shares: 16,790,000
• Free Float: 15,547,000
• Market Cap: $21.83 million
• Optionable: Optionable
• Beta: 0.62