Avinger Announces First Quarter 2018 Financial Results

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Avinger (AVGR) Posts Q1 Loss of $5.37/Share

May 14, 2018 4:19 PM EDT

Avinger (NASDAQ: AVGR) reported Q1 EPS of ($5.37), versus the analyst estimate of ($0.84). Revenue for the quarter came in at $1.8 million versus the consensus estimate of $2.02 million.

Cash and cash equivalents totaled $14.4 million as of March 31, 2018, compared to $5.4 million as of December 31, 2017.

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