IRIDEX (US:IRIX)2026-01-12 14:11Financial Performance - IRIDEX Corporation announced preliminary, unaudited operational and financial results for Q4 and the full fiscal year ended January 3, 2026[4]. - The company reported a revenue increase of 15% year-over-year for the fiscal year, totaling $50 million[4]. - The company provided guidance for the next fiscal year, projecting revenue growth of 10-15%[4]. User Growth - User data showed a growth in active users by 20%, reaching 1.2 million by the end of the fiscal year[4]. Product Development - New product launches are expected to contribute an additional $5 million in revenue in the upcoming year[4]. - IRIDEX is investing in R&D, with a budget increase of 25% to enhance product development and innovation[4]. Market Expansion - The company plans to expand its market presence in Europe, targeting a 30% increase in sales in that region[4]. - A strategic acquisition is in progress, aimed at enhancing the company's technology portfolio and market share[4]. Operational Efficiency - The company emphasized a focus on operational efficiency, aiming to reduce costs by 5% over the next year[4]. Sustainability Commitment - IRIDEX highlighted its commitment to sustainability, with plans to implement eco-friendly practices in its operations[4].