IRIDEX Corporation shares are trading lower after the company reported worse-than-expected Q2 financial results and issued FY23 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
IRIDEX Corporation reported worse-than-expected Q2 financial results and issued FY23 revenue guidance below estimates, causing its shares to trade lower.
August 11, 2023 | 3:01 pm
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IRIDEX Corporation's shares are trading lower due to worse-than-expected Q2 results and lower FY23 revenue guidance.
IRIDEX Corporation's shares are trading lower as a direct result of the company's worse-than-expected Q2 financial results and lower FY23 revenue guidance. This negative news is likely to impact investor sentiment and could lead to a short-term decrease in the company's stock price.
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