Avinger: Q2 Earnings Insights

Avinger: Q2 Earnings Insights

 

Avinger AVGR reported its Q2 earnings results on Thursday, August 11, 2022 at 04:01 PM.

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

Earnings

Avinger beat estimated earnings by 13.76%, reporting an EPS of $-0.94 versus an estimate of $-1.09.

Revenue was down $670 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $1.16 which was followed by a 27.35% drop in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -1.17 -1.20 -1.2 -0.8
EPS Actual -2.33 -1.26 -1.2 -0.8
Revenue Estimate 2.05M 2.29M 2.84M 2.72M
Revenue Actual 1.89M 2.40M 2.37M 2.80M

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