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Iridex Corp.

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Iridex Corp.’s revenues in the fourth quarter of 2012 were stronger than expected, driven by a healthy uptick in laser system sales. Located in Mountain View, Calif., the laser-based medical systems company reported preliminary revenue of approximately $9.2 million and $33.8 million for the fourth quarter and full year 2012, respectively. Management had projected Q4 revenues to be between $8.4 million and $8.7 million.Read full article

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    Published: April 2013
    Glossary
    medical lasers
    Medical lasers are devices that produce intense beams of light with specific characteristics and properties, which are used for various medical applications. These lasers emit light in the form of coherent and focused beams, allowing precise control over the energy delivered to tissues. The term "laser" stands for "light amplification by stimulated emission of radiation." In the medical field, lasers are employed for diagnostic, therapeutic, and surgical purposes. Their applications...
    AmericasBiophotonicsBusinessCaliforniaCE clearanceFDA 510(k) clearancefourth quarter resultsIQ532 systemIridexlaser systemsmedical lasersMicroPulseQuantelRapidScanstock repurchasingstock sharestender offerTxCell scanning laser delivery systemWilliam M. MooreLasers

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