Benzinga | Nov 9, 2020 04:29PM EST

Iridex Q3 EPS $(0.12) Beats $(0.17) Estimate, Sales $8.80M Beat $7.79M Estimate

Iridex (NASDAQ:IRIX) reported quarterly losses of $(0.12) per share which beat the analyst consensus estimate of $(0.17) by 29.41 percent. This is a 7.69 percent increase over losses of $(0.13) per share from the same period last year. The company reported quarterly sales of $8.80 million which beat the analyst consensus estimate of $7.79 million by 12.97 percent. This is a 17.48 percent decrease over sales of $10.66 million the same period last year.