Avinger, Inc. (AVGR)

NASDAQ: AVGR · Real-Time Price · USD
0.483
-0.232 (-32.50%)
Dec 20, 2024, 4:00 PM EST - Market closed
-32.50%
Market Cap 1.54M
Revenue (ttm) 7.26M
Net Income (ttm) -17.35M
Shares Out 3.20M
EPS (ttm) -6.23
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 538,068
Open 0.629
Previous Close 0.715
Day's Range 0.481 - 0.629
52-Week Range 0.390 - 5.450
Beta 1.17
Analysts Strong Buy
Price Target 5.00 (+936.06%)
Earnings Date Nov 7, 2024

About AVGR

Avinger, Inc., a commercial-stage medical device company, designs, manufactures, and sells a suite of image-guided and catheter-based systems used by physicians to treat patients with peripheral artery disease (PAD) primarily in the United States and Germany. The company develops lumivascular platform that integrates optical coherence tomography visualization with interventional catheters to provide real-time intravascular imaging during the treatment portion of PAD procedures. Its lumivascular products comprise Lightbox imaging consoles; the O... [Read more]

Sector Healthcare
IPO Date Jan 30, 2015
Employees 72
Stock Exchange NASDAQ
Ticker Symbol AVGR
Full Company Profile

Financial Performance

In 2023, Avinger's revenue was $7.65 million, a decrease of -7.51% compared to the previous year's $8.27 million. Losses were -$18.32 million, -32.76% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for AVGR stock is "Strong Buy" and the 12-month stock price forecast is $5.0.

Price Target
$5.0
(936.06% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Avinger, Inc. (AVGR) Q3 2024 Earnings Call Transcript

Avinger, Inc. (NASDAQ:AVGR) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Matthew Kreps - Investor Relations Jeffrey Soinski - Chief Executive Officer Nabeel Subai...

6 weeks ago - Seeking Alpha

Avinger Reports Third Quarter 2024 Results

Lower Operating Cost Profile Drives Improved Productivity, Increased Gross Margin REDWOOD CITY, CA / ACCESSWIRE / November 7, 2024 / Avinger, Inc. (Nasdaq:AVGR), a commercial-stage medical device comp...

6 weeks ago - Accesswire

Avinger to Announce Third Quarter 2024 Results on November 7, 2024

REDWOOD CITY, CA / ACCESSWIRE / October 29, 2024 / Avinger, Inc. (NASDAQ:AVGR), a commercial-stage medical device company marketing the first and only intravascular image-guided, catheter-based system...

7 weeks ago - Accesswire

Avinger Releases Updated Data From IMAGE-BTK in Webinar Featuring Key Opinion Leaders in the Field of Vascular Intervention

REDWOOD CITY, CA / ACCESSWIRE / October 24, 2024 / Avinger, Inc. (Nasdaq:AVGR), a commercial-stage medical device company marketing the first and only intravascular image-guided, catheter-based system...

2 months ago - Accesswire

Avinger Announces Issuance of New U.S. Patent and Receives Notices of Allowance for Five Additional U.S. Patents

REDWOOD CITY, CA / ACCESSWIRE / September 18, 2024 / Avinger, Inc. (NASDAQ:AVGR), a commercial-stage medical device company marketing the first and only intravascular image-guided, catheter-based syst...

3 months ago - Accesswire

Avinger Initiates Full Commercial Launch of Pantheris LV Image-Guided Atherectomy Device

REDWOOD CITY, CA / ACCESSWIRE / August 20, 2024 / Avinger, Inc. (NASDAQ:AVGR), a commercial-stage medical device company marketing the first and only intravascular image-guided, catheter-based system ...

4 months ago - Accesswire

Avinger, Inc. (AVGR) Q2 2024 Earnings Call Transcript

Avinger, Inc. (AVGR) Q2 2024 Earnings Call Transcript

4 months ago - Seeking Alpha

Avinger Reports Second Quarter 2024 Results

Implements Lower Operating Cost Profile, Readying OCT-Guided Coronary Device for IDE Submission REDWOOD CITY, CA / ACCESSWIRE / August 8, 2024 / Avinger, Inc. (Nasdaq:AVGR), a commercial-stage medical...

4 months ago - Accesswire

Avinger Appoints Thomas P. Davis, MD, FACC as Chief Medical Officer

REDWOOD CITY, CA / ACCESSWIRE / August 5, 2024 / Avinger, Inc. (Nasdaq:AVGR), a commercial-stage medical device company marketing the first and only intravascular image-guided, catheter-based system f...

4 months ago - Accesswire

Avinger to Announce Second Quarter 2024 Results on August 8, 2024

REDWOOD CITY, CA / ACCESSWIRE / July 29, 2024 / Avinger, Inc. (Nasdaq:AVGR), a commercial-stage medical device company marketing the first and only intravascular image-guided, catheter-based system fo...

5 months ago - Accesswire

Avinger Announces Closing of up to $24 Million Public Offering

$6 million upfront with up to an additional $18 million of aggregate gross proceeds upon the exercise in full of clinical milestone-linked Series Warrants REDWOOD CITY, CA / ACCESSWIRE / June 17, 2024...

6 months ago - Accesswire

Avinger Announces Pricing of up to $24 Million Public Offering

$6 million upfront with up to an additional $18 million of aggregate gross proceeds upon the exercise in full of clinical milestone-linked Series Warrants REDWOOD CITY, CA / ACCESSWIRE / June 14, 2024...

6 months ago - Accesswire

Avinger Increases Focus on Coronary Development, Reduces Operating Costs of Peripheral Business

REDWOOD CITY, CA / ACCESSWIRE / June 5, 2024 / Avinger, Inc. (NASDAQ:AVGR), a commercial-stage medical device company developing and marketing the first and only intravascular image-guided, catheter-b...

7 months ago - Accesswire

Avinger Announces Conversion of $11 Million of CRG Debt into Preferred Equity

REDWOOD CITY, CA / ACCESSWIRE / May 16, 2024 / Avinger, Inc. (Nasdaq:AVGR), a commercial-stage medical device company developing and marketing the first and only intravascular image-guided, catheter-b...

7 months ago - Accesswire

Avinger, Inc. (AVGR) Q1 2024 Earnings Call Transcript

Avinger, Inc. (NASDAQ:AVGR) Q1 2024 Earnings Call Transcript May 15, 2024 4:30 PM ET Company Participants Matt Kreps - IR Jeff Soinski - CEO Nabeel Subainati - Principal Financial Officer Conference ...

7 months ago - Seeking Alpha

Avinger Reports First Quarter 2024 Results

Advances New OCT-Guided Coronary Product Development REDWOOD CITY, CA / ACCESSWIRE / May 15, 2024 / Avinger, Inc. (Nasdaq:AVGR), a commercial-stage medical device company developing and marketing the ...

7 months ago - Accesswire

Avinger to Announce First Quarter 2024 Results on May 15, 2024

REDWOOD CITY, CA / ACCESSWIRE / May 7, 2024 / Avinger, Inc. (NASDAQ:AVGR), a commercial-stage medical device company marketing the first and only intravascular image-guided, catheter-based system for ...

8 months ago - Accesswire

Avinger, Inc. (AVGR) Q4 2023 Earnings Call Transcript

Avinger, Inc. (AVGR) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Avinger Reports Fourth Quarter and Full Year 2023 Results

New Strategic Partnership Provides Funding to Support U.S. Growth Initiatives and Coronary Product Development, Opens New Pathway for Sales in Asia REDWOOD CITY, CA / ACCESSWIRE / March 20, 2024 / Avi...

9 months ago - Accesswire

Avinger to Announce Full Year 2023 Results on March 20, 2024

REDWOOD CITY, CA / ACCESSWIRE / March 12, 2024 / Avinger, Inc. (Nasdaq:AVGR), a commercial-stage medical device company marketing the first and only intravascular image-guided, catheter-based system f...

10 months ago - Accesswire

Zylox-Tonbridge and Avinger Forge Strategic Partnership to Expand Disruptive OCT Solutions for Peripheral Vascular Interventions

HANGZHOU, China, March 7, 2024 /PRNewswire/ -- Zylox-Tonbridge (2190.HK, "the Company"), a leading medical device company in the peripheral and neurovascular interventional market in China, today anno...

10 months ago - PRNewsWire

Avinger Announces Strategic Partnership and up to $15 Million Equity Funding Agreement with Zylox-Tonbridge

Initial $7.5 Million Strategic Investment Strategic Partnership Opens Pathway to Access Greater China Market Strengthened Balance Sheet and Three-Year Extension of Existing Debt Terms REDWOOD CITY, CA...

10 months ago - Accesswire

Avinger, Inc. (AVGR) Q3 2023 Earnings Call Transcript

Avinger, Inc. (NASDAQ:AVGR) Q3 2023 Earnings Conference Call October 26, 2023 4:30 PM ET Company Participants Matt Kreps - Investor Relations Jeff Soinski - Chief Executive Officer Nabeel Subainati -...

1 year ago - Seeking Alpha

Avinger Reports Third Quarter 2023 Results

REDWOOD CITY, CA / ACCESSWIRE / October 26, 2023 / Avinger, Inc. (NASDAQ:AVGR), a commercial-stage medical device company developing and marketing the first and only intravascular image-guided, cathet...

1 year ago - Accesswire

Avinger to Announce Third Quarter 2023 Results on October 26

REDWOOD CITY, CA / ACCESSWIRE / October 19, 2023 / Avinger, Inc. (NASDAQ:AVGR), a commercial-stage medical device company marketing the first and only intravascular image-guided, catheter-based system...

1 year ago - Accesswire