Avinger (NASDAQ: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 |
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.
