Avinger Inc reports results for the quarter ended in December - Earnings Summary

Avinger

22/03/2022 22:37

* Avinger Inc  AVGR.OQ  reported a quarterly adjusted loss
of
$1.26​​ per share for the quarter ended in December. The lone
analyst forecast for the quarter was for a loss of $1.26 per
share.
    * Revenue fell 12% to $2.40 million from a year ago; 
analysts
expected $2.30 million. 
    * Avinger Inc's reported EPS for the quarter was a loss of
$1.26​.
    * The mean earnings estimate of analysts had fallen by
about 5% in
the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Avinger Inc shares had fallen by 55.6% this quarter.
    * The company reported a quarterly loss of $6.04 million.
    * Wall Street's median 12-month price target for Avinger Inc
is
$11.00 
    * 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." 

This summary was machine generated March 22 at 10:37 p.m.  ​All
figures in US dollars unless otherwise stated