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Iridex reports revenues of $10.8 million in first quarter

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Iridex reported $10.8 million in revenues in the first quarter 2015, a 5% increase from $10.3 million in the first quarter 2014, according to a press release.

Net income decreased to $0.2 million, or $0.02 per diluted share, vs. $0.5 million, or $0.05 per diluted share, in the first quarter of the previous year.

Operating income totaled $0.4 million in the first quarter 2015 compared with $0.6 million in the first quarter 2014.

For the second quarter 2015, Iridex anticipates revenues of $10.7 million to $11.1 million.