Avinger Inc expected to post a loss of $1.35 a share - Earnings Preview

Avinger

07/05/2024 03:29

* Avinger Inc  AVGR.OQ   AVGR.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 8 (estimated)
for the period ending March 31 2024
    * The Redwood City California-based  company is expected to
report
a 25.0% increase in revenue to $2.36 million from $1.89 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Avinger Inc is for a
loss of
$1.35 per share. 
    * The one available analyst rating on the shares is "buy".  
    * The average consensus recommendation for the advanced
medical
equipment & technology peer group is also "Buy".​
    * Wall Street's median 12-month price target for Avinger Inc
is
$5.00​, above​ its last closing price of $3.81. ​​​

This summary was machine generated May 7 at 02:29 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)