Avinger (AVGR) Reports Q4 Loss Per Share of $33.62, Offers Guidance

Avinger (NASDAQ: AVGR) reported Q4 EPS of ($33.62), versus ($36.14) reported last year. Revenue for the quarter came in at $3.07 million, versus $3.34 million reported last year.

Financial Outlook for 2015

The Company expects 2015 revenue to be in the range of $12 to $14 million, which represents year-over-year growth ranging from 7% to 25%.

Adjusted EBITDA for 2015 is expected to be a loss of $31 to $33 million, representing an increase of 35% to 44% over 2014, as the Company invests in the development of its lumivascular platform and expansion of its commercial infrastructure.

For earnings history and earnings-related data on Avinger (AVGR) click here.

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