November 01, 2002
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Iridex increases ophthalmic product sales in third quarter

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MOUNTAIN VIEW, Calif. — Third quarter sales for ophthalmic device maker Iridex were $6.7 million, about the same level as the corresponding quarter in 2001, the company announced.

Sales of the company’s ophthalmology products rose 13.5% in the third quarter to $5.4 million. This offset a decrease in sales for the company’s aesthetic products.

“We are very pleased with the performance within our ophthalmology business,” said Thomas Boutacoff, president and chief executive officer of Iridex. “Our efforts over the past year to direct our focus on our core ophthalmology business has been the key to stabilizing our company during this period of economic uncertainty.”