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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.
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