Avinger Inc expected to post a loss of $1.17 a share - Earnings Preview

Avinger

07/05/2022 03:10

* Avinger Inc  AVGR.OQ   AVGR.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 10. 
    * The Redwood City California-based  company is expected to
report
 a 19.8% decrease in revenue to $2.052 million from $2.56
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Avinger Inc is for
a loss
of $1.17 per share. For the same quarter last year, the company
reported a loss of $1.40 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 had fallen by
about 5.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Avinger Inc
is
$8.5​, above​ its last closing price of $2.62. ​​​

This summary was machine generated May 7 at 02:10 GMT.  All
figures in US dollars  unless otherwise stated