What is IRIDEX Corporation?
IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology.
IRIX · Verdict
Limited reward · elevated risk
IRIX's standout is volatility; profitability and cash flow weigh on the picture.
Based on 88% data coverage
IRIX · Verdict
Above average
-18% net margin · -139% ROE
-15% free-cash-flow margin
Rev -3.3% CAGR · earnings +19.5%
Model-based scoring. For information only — not financial advice.
IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. It offers laser consoles, such as Cyclo G6 laser system for use in the treatment of glaucoma; IQ 532 and IQ 577 laser systems, which are used for the treatment of retinal disorders; and OcuLight TX, OcuLight SL, OcuLight SLx, OcuLight GL, and OcuLight GLx laser photocoagulation systems that are used to treat proliferative diabetic retinopathy, macular holes, retinal tears, and detachments. The company is listed on the NASDAQ in USA, operating in the Healthcare sector, with a market capitalisation of 15.08M.
The scoring profile indicates weak reward characteristics across most factors, including valuation and momentum. Risk indicators are elevated — volatility and macro sensitivity warrant consideration.
For informational purposes only. Not financial advice.