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Romeo R. Dizon, Chief Financial Officer of Iridex Corp (NASDAQ:IRIX), recently purchased shares of the company’s common stock. According to a Form 4 filing with the Securities and Exchange Commission, Dizon acquired a total of 1,500 shares in two separate transactions. The insider purchase comes as InvestingPro analysis shows the company, with a market capitalization of $19.88 million and annual revenue of $49.74 million, is currently trading below its Fair Value.
On August 15, 2025, Dizon bought 1,000 shares at $1.1799 per share and 500 shares at $1.15 per share, with the transactions totaling $1754. While InvestingPro data indicates the company is trading at a low revenue valuation multiple, investors should note that Iridex is not currently profitable, with a negative EBITDA of $3.25 million in the last twelve months.
Following these transactions, Dizon directly owns 39,245 shares of Iridex Corp. Get access to 7 more exclusive InvestingPro Tips and comprehensive analysis through our detailed Pro Research Report, helping you make informed investment decisions.
In other recent news, IRIDEX Corporation reported its second-quarter earnings for 2025, surpassing analysts’ expectations. The company posted an earnings per share (EPS) of -$0.06, which was better than the forecasted -$0.09. IRIDEX also exceeded revenue projections, reporting $13.6 million compared to the anticipated $13.1 million. These developments highlight the company’s stronger-than-expected financial performance in the quarter. The results have garnered attention from investors and analysts alike. The earnings announcement reflects IRIDEX’s ability to outperform market predictions. These recent developments are crucial for stakeholders monitoring the company’s financial health.
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