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

Avinger

12/11/2021 24:16

* Avinger Inc  AVGR.OQ  reported a quarterly adjusted loss of 6
cents​​ per share for the quarter ended in September. The lone
analyst forecast for the quarter was for a loss of 7 cents per
share.
* Revenue rose 2.8% to $2.37 million from a year ago;  analysts
expected $2.52 million. 
* Avinger Inc's reported EPS for the quarter was a loss of 6
cents​.
* The mean earnings estimate of analysts had fallen by
about 4.8% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Avinger Inc shares had risen by 5.4% this quarter and
gained 78.1% so far this year.
* The company reported a quarterly loss of $5.96 million.
* Wall Street's median 12-month price target for Avinger Inc is
$2.50 
* 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 November 12 at 12:16 a.m.
 ​All figures in US dollars unless otherwise stated