Avinger Inc expected to post a loss of $2.03 a share - Earnings Preview

Avinger

06/11/2024 05:25

* Avinger Inc  AVGR.OQ   AVGR.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 7 for the
period ending September 30 2024
    * The Redwood City California-based  company is expected to
report
a 10.0% decrease in revenue to $1.635 million from $1.82 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
$2.03 per share. 
    * The one available analyst rating on the shares is "buy".  
    * 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
$5.00​, above​ its last closing price of $0.84. ​​​

This summary was machine generated November 6 at 05:25 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)