Avinger Inc expected to post a loss of 7 cents a share - Earnings Preview

Avinger

10/11/2021 02:41

* Avinger Inc  AVGR.OQ   AVGR.O  is expected to show a rise in
quarterly revenue when it reports  results on November 11. 
* The Redwood City, California-based company is expected to
report  a 9.6% increase in revenue to $2.523 million from $2.3
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 7 cents per share. For the same quarter last year, the
company reported a loss of 8 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "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
$2.5​, about 68.4% above​ its last closing price of $0.79. ​​​
This summary was machine generated November 10 at 02:41 GMT. 
All figures in US dollars  unless otherwise stated