Avinger Inc expected to post a loss of $1.09 a share - Earnings Preview

Avinger

10/08/2022 03:01

* Avinger Inc  AVGR.OQ   AVGR.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 11. 
    * The Redwood City California-based  company is expected to
report
 a 15.2% decrease in revenue to $2.376 million from $2.8 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Avinger Inc is for
a loss
of $1.09 per share. For the same quarter last year, the company
reported a loss of 80 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Avinger Inc
is
$7.5​, above​ its last closing price of $1.59. ​​​

This summary was machine generated August 10 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated