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  • culleraa culleraa Mar 4, 2013 9:37 AM Flag

    Q4 and patience

    Q4 had nice revenues, but they came at a cost... was it just 32% gross margin on the increment. after paying bonuses much less left on the op ex line 300k, vs the 1000k one might otherwise expect. That's not the kind of growth Iridex needed. Outlook sounds better though, and it sounds like someone has a plan for once. So, patience was rewarded, we are up 15% or so since the end of year and always nice to get something for nothing... the 500k.. even if it is going for the "discontinued" costs...

 
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