IRIDEX Corporation

NasdaqCM IRIX

IRIDEX Corporation Free Cash Flow Yield on January 14, 2025: -26.06%

IRIDEX Corporation Free Cash Flow Yield is -26.06% on January 14, 2025, a -79.74% change year over year. Free cash flow yield compares the return from free cash flow to the market cap; higher yield suggests attractive investment.
  • IRIDEX Corporation 52-week high Free Cash Flow Yield is -9.77% on April 08, 2024, which is 62.53% above the current Free Cash Flow Yield.
  • IRIDEX Corporation 52-week low Free Cash Flow Yield is -31.47% on November 07, 2024, which is -20.75% below the current Free Cash Flow Yield.
  • IRIDEX Corporation average Free Cash Flow Yield for the last 52 weeks is -18.61%.
Key data
Date Free Cash Flow Yield Market Value Added (MVA) Price to Book Ratio (P/B) Price to Earnings Ratio (P/E)
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NasdaqCM: IRIX

IRIDEX Corporation

CEO Mr. Patrick Mercer
IPO Date Feb. 16, 1996
Location United States
Headquarters 1212 Terra Bella Avenue
Employees 111
Sector Health Care
Industries
Description

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 photocoagulation systems, which are used for the treatment of diabetic macular edema and other retinal diseases; 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 also provides delivery devices, including TxCell scanning laser delivery system that allows the physician to perform multi-spot pattern scanning; slit lamp adapter, which allows the physician to utilize a standard slit lamp in diagnosis and treatment procedures; and laser indirect ophthalmoscope for use in procedures to treat peripheral retinal disorders. It offers MicroPulse P3 Probe, which is used with its Cylco G6 laser system to perform MicroPulse transscleral laser therapy; G-Probe, which is used in procedures to treat uncontrolled glaucoma; G-Probe and G-Probe Illuminate, which are used in procedures to treat refractory glaucoma; and EndoProbe family of products for use in vitrectomy procedures. The company serves ophthalmologists, research and teaching hospitals, government installations, surgical centers, hospitals, veterinary practices, and office clinics. It markets its products through direct and independent sales force in the United States, as well as through independent distributors internationally. The company was formerly known as IRIS Medical Instruments, Inc. and changed its name to IRIDEX Corporation in November 1995. IRIDEX Corporation was incorporated in 1989 and is headquartered in Mountain View, California.

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StockViz Staff

January 15, 2025

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