Avinger Past Earnings Performance

Past criteria checks 0/6

Avinger has been growing earnings at an average annual rate of 5.3%, while the Medical Equipment industry saw earnings growing at 11.7% annually. Revenues have been declining at an average rate of 4.4% per year.

Key information

5.3%

Earnings growth rate

77.1%

EPS growth rate

Medical Equipment Industry Growth8.9%
Revenue growth rate-4.4%
Return on equity-480.2%
Net Margin-239.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Avinger GAAP EPS of -$0.94 beats by $0.15, revenue of $2.13M misses by $0.25M

Aug 11

Is Avinger (NASDAQ:AVGR) Using Debt Sensibly?

Nov 25
Is Avinger (NASDAQ:AVGR) Using Debt Sensibly?

Is Avinger (NASDAQ:AVGR) A Risky Investment?

Jun 30
Is Avinger (NASDAQ:AVGR) A Risky Investment?

Avinger shares fall after Q1 results fail to impress Wall Street

May 07

Does Avinger (NASDAQ:AVGR) Have A Healthy Balance Sheet?

Jan 21
Does Avinger (NASDAQ:AVGR) Have A Healthy Balance Sheet?

Avinger 'Hot Penny Stock to buy' - Robinhood

Jan 08

Revenue & Expenses Breakdown

How Avinger makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:AVGR Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 247-17154
30 Jun 247-15154
31 Mar 248-16154
31 Dec 238-18145
30 Sep 238-19145
30 Jun 238-22145
31 Mar 238-22145
31 Dec 228-27144
30 Sep 229-28155
30 Jun 229-29155
31 Mar 229-27165
31 Dec 2110-22166
30 Sep 2110-21166
30 Jun 2110-21156
31 Mar 219-22146
31 Dec 209-23146
30 Sep 209-23156
30 Jun 209-23156
31 Mar 2010-24176
31 Dec 199-23176
30 Sep 199-24176
30 Jun 198-25186
31 Mar 198-26186
31 Dec 188-36186
30 Sep 188-39186
30 Jun 188-43197
31 Mar 188-49209
31 Dec 1710-492511
30 Sep 1713-522913
30 Jun 1716-553415
31 Mar 1718-553715
31 Dec 1619-564016
30 Sep 1617-564015
30 Jun 1615-563816
31 Mar 1613-533516
31 Dec 1511-502916
30 Sep 1511-442515
30 Jun 1511-402313
31 Mar 1511-372112
31 Dec 1411-321911
30 Sep 1412-321812
30 Jun 1412-332012
31 Mar 1412-372314

Quality Earnings: AVGR is currently unprofitable.

Growing Profit Margin: AVGR is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: AVGR is unprofitable, but has reduced losses over the past 5 years at a rate of 5.3% per year.

Accelerating Growth: Unable to compare AVGR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AVGR is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (15%).


Return on Equity

High ROE: AVGR has a negative Return on Equity (-480.23%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 23:13
End of Day Share Price 2024/12/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Avinger, Inc. is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Marc WiesenbergerB. Riley Securities, Inc.
Sean LavinBTIG
Jason MillsCanaccord Genuity