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Avinger, Inc.

AVGR•NASDAQ
Healthcare
Medical - Instruments & Supplies
$0.47
$-0.12(-20.74%)
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The company's financials show resilient growth, with revenue advancing from $1.91M in Q4 2023 to $1.65M in Q3 2024. Gross profit remained healthy with margins at 26% in Q3 2024 compared to 20% in Q4 2023. Operating income hit -$3.67M last quarter, sustaining a consistent -222% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$3.59M. Net income rose to -$3.71M, while earnings per share reached -$1.82. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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