Iridex Q4 Revenues Exceed Guidance - Quick Facts

(RTTNews) - Iridex Corp (IRIX) reported preliminary revenues of about $11.5 million to $11.7 million and $42.5 million to $42.7 million for the fourth quarter and fiscal 2014, respectively.

The company noted that preliminary revenues for the fourth quarter exceeded the high end of its guidance and were driven by a continued strong uptick in sales of MicroPulse laser systems both in the U.S. and internationally. The company had projected revenues between $10.9 million and $11.2 million in the fourth quarter.

Looking ahead to fiscal 2015, Iridex currently expects to generate revenues between $48 million and $51 million.