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

Avinger

12/08/2022 03:38

* Avinger Inc  AVGR.OQ  reported a quarterly adjusted loss
of 94
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of
$1.09 per share.
    * Revenue fell 23.9% to $2.13 million from a year ago;
analysts
expected $2.38 million. 
    * Avinger Inc's reported EPS for the quarter was a loss
of 94
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Avinger Inc shares had risen by 16.4% this quarter and
lost 81.1% so far this year.
    * The company reported a quarterly loss of $5.34 million.
    * Wall Street's median 12-month price target for Avinger Inc
is
$7.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 12
at 02:37 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -1.09          -0.94          Beat
 Mar. 31 2022      -1.17          -2.33          Missed
 Dec. 31 2021      -1.26          -1.26          Met
 Sep. 30 2021      -1.32          -1.20          Beat