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

Avinger

11/05/2023 24:19

* Avinger Inc  AVGR.OQ  reported a quarterly adjusted loss
of 71
cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 49 cents per
share.
    * Revenue held steady 0% to $1.89 million from a year ago;
analysts expected $2.00 million. 
    * Avinger Inc's reported EPS for the quarter was a loss
of 71
cents​.
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Avinger Inc shares had fallen by 41.0% this quarter and
lost 55.4% so far this year.
    * Wall Street's median 12-month price target for Avinger Inc
is
$1.60 
    * 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 from LSEG Refinitiv data May
10 at 11:19 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.49          -0.71          Missed
                                  -0.70          
                                  -0.77          
 Jun. 30 2022      -1.09          -0.94          Beat