Avinger shares slide on Q2 miss

Shares in Avinger (NSDQ:AVGR) fell today after the medical device developer missed expectations on Wall Street with its 2nd quarter earnings results. The Redwood City, Calif.-based company posted losses of $12.8 million, or 54¢ per share, on sales of $2.5 million for the 3 months ended June 30, seeing losses shrink 5.2% while sales shrunk 47.5% compared with the same period last year. Read the whole story on our Sister Site, Medical Design & Outsourcing The post Avinger shares slide on Q2 miss appeared first on MassDevice.
Source: Mass Device - Category: Medical Devices Authors: Tags: Business/Financial News MassDevice Earnings Roundup Wall Street Beat Avinger Source Type: news