Avinger Inc expected to post a loss of $2.03 a share - Earnings Preview

Reuters10-23

* Avinger Inc is expected to show a fall in quarterly revenue when it reports results on October 24 (estimated) for the period ending September 30 2024

* The Redwood City California-based company is expected to report a 10.0% decrease in revenue to $1.635 million from $1.82 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 $2.03 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 $0.90.

This summary was machine generated October 23 at 03:58 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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