Iridex Q4 revenue $12.6-12.7M, flat YoY; FY 2024 revenue $48.6-48.7M, down 6%

IRIDEX CORP

2024-FY EPS reported -$0.54 revenue$48,669,000

Q4 revenue expected $12.6-12.7M vs $12.5M in prior year; sold 47 Cyclo G6 systems (vs 35).
Full year revenue $48.6-48.7M; down from $51.9M in 2023; system sales dropped to 125 from 164.
Strategic review remains ongoing with multiple parties for single or multiple transactions.
Cost restructuring implemented; Q4 achieved positive EBITDA; focus on profitability in 2025.
Cyclo G6 probe sales flat at 12,700 in Q4; full year 54,800 vs 55,200 in 2023.

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