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Stock impact report

Avinger Inc (AVGR) Q3 2024 Earnings Call Highlights: Strategic Realignment and Product Launches ... [Yahoo! Finance]

Avinger, Inc. (AVGR) 
Last avinger, inc. earnings: 8/8 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.avinger.com
Company Research Source: Yahoo! Finance
Gross Margin: 26% in Q3 2024, up from 20% in Q2 2024 and 21% in Q3 2023. Operating Expenses: $4.1 million in Q3 2024, down from $4.5 million in Q2 2024 and $4.4 million in Q3 2023. Net Loss: $3.7 million in Q3 2024, a 15% improvement from $4.4 million in Q2 2024 and a 17% improvement from $4.5 million in Q3 2023. Adjusted EBITDA: Loss of $3.4 million in Q3 2024, a 12% improvement from a loss of $3.8 million in Q2 2024 and a 10% improvement from a loss of $3.7 million in Q3 2023. Cash and Cash Equivalents: $5.9 million as of September 30, 2024. Warning! GuruFocus has detected 4 Warning Signs with AVGR. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Avinger Inc ( NASDAQ:AVGR ) achieved notable improvements in operating efficiency and made meaningful strides toward strategic objectives. The company implemented a cost savings program, reducing overall headcount by 24%, leading to improv Show less Read more
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