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-0.0549828178694159 0.0309278350515463 0.0309278350515463 0.013745704467354 0 -0.0206185567010309 0.0274914089347079 0.0309278350515463
Stock impact report

Avinger Reports Fourth Quarter and Full Year 2023 Results [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
REDWOOD CITY, CA / ACCESSWIRE / March 20, 2024 / Avinger, Inc. (Nasdaq:AVGR), a commercial-stage medical device company developing and marketing the first and only intravascular image-guided, catheter-based systems for diagnosis and treatment of vascular disease, today reported results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter and Recent Highlights Announced up to $15 million strategic financing and partnership agreement with Zylox-Tonbridge, a leading provider of neuro- and peripheral-vascular interventional solutions in China, with $7.5 million initial equity investment funded in March 2024 Reported fourth quarter 2023 revenue of $1.9 million, a sequential increase of 5%, and gross margin of 20% Expanded sales team by more than 25% and deepened Avinger's presence in key Midwest, Texas and Florida markets Expanded full commercial launch of Tigereye ST, Avinger's most advanced image-guided peripheral CTO-crossing device, based on strong mo Show less Read more
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