Avinger Inc expected to post a loss of 43 cents a share - Earnings Preview

Reuters08-07

* Avinger Inc is expected to show a rise in quarterly revenue when it reports results on August 8 for the period ending June 30 2024

* The Redwood City California-based company is expected to report a 25.0% increase in revenue to $2.551 million from $2.04 million a year ago, according to the estimate from one analyst, based on LSEG data.

* LSEG's mean analyst estimate for Avinger Inc is for a loss of 43 cents per share.

* The one available analyst rating on the shares is "buy".

* 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 $5.00, above its last closing price of $1.25.

This summary was machine generated August 6 at 23:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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