Avinger Inc expected to post a loss of 49 cents a share - Earnings Preview

Avinger

09/05/2023 03:05

* Avinger Inc  AVGR.OQ   AVGR.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 10. 
    * The Redwood City California-based  company is expected to
report
 a 5.9% increase in revenue to $2 million from $1.89 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 49 cents 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
$1.6​, above​ its last closing price of $0.49. ​​​

This summary was machine generated May 9 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated