Recap: Avinger Q1 Earnings

Avinger AVGR reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Avinger missed estimated earnings by 99.15%, reporting an EPS of $-2.33 versus an estimate of $-1.17.

Revenue was down $671.00 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.06 which was followed by a 3.12% drop in the share price the next day.

Here's a look at Avinger's past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -1.20 -1.2 -0.8 -0.8
EPS Actual -1.26 -1.2 -0.8 -1.4
Revenue Estimate 2.29M 2.84M 2.72M 2.44M
Revenue Actual 2.40M 2.37M 2.80M 2.56M

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -1.20 -1.2 -0.8 -0.8
EPS Actual -1.26 -1.2 -0.8 -1.4
Revenue Estimate 2.29M 2.84M 2.72M 2.44M
Revenue Actual 2.40M 2.37M 2.80M 2.56M

To track all earnings releases for Avinger visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings