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Earnings Call Summary | Avinger(AVGR.US) Q2 2024 Earnings Conference

Earnings Call Summary | Avinger(AVGR.US) Q2 2024 Earnings Conference

業績會總結 | Avinger(avgr.us)2024年第二季度業績會
富途資訊 ·  08/10 02:40  · 電話會議

The following is a summary of the Avinger, Inc. (AVGR) Q2 2024 Earnings Call Transcript:

以下是Avinger股份有限公司(AVGR)2024年第二季度業績會交流摘要:

Financial Performance:

金融業績:

  • Avinger reported a total revenue of $1.8 million for Q2 2024, compared to $1.9 million in Q1 2024 and $2 million in Q2 2023.

  • Gross margin was 20% in Q2 2024, reflecting a decrease from 30% in Q2 2023, primarily due to lower production activity.

  • Operating expenses in Q2 2024 were $4.5 million, reduced from $5.4 million in Q1 2024 due to a significant headcount reduction.

  • Net loss for the quarter was $4.4 million, slightly higher than the $4.2 million loss in Q2 2023.

  • Avinger於2024年Q2實現總營業收入180萬美元,相比2024年Q1的190萬美元和2023年Q2的200萬美元均有所下降。

  • 2024年Q2毛利率爲20%,較2023年Q2的30%有所下降,主要原因是生產活動減少。

  • 2024年Q2營業費用爲450萬美元,較2024年Q1的540萬美元減少,主要是由於人員減少。

  • 本季度淨虧損爲440萬美元,略高於2023年Q2的420萬美元虧損。

Business Progress:

業務進展:

  • Introduced strategic partnership with Zylox-Tonbridge, aimed at entering the Greater China market with Avinger's peripheral products.

  • Secured a public offering providing up to $24 million in growth financing.

  • Advanced the development of a proprietary image-guided coronary CTO crossing device, expecting to file an IDE application with the FDA soon.

  • Launched new Pantheris LV atherectomy catheter in the peripheral vascular space.

  • 與Zylox-Tonbridge建立了戰略合作伙伴關係,旨在使用Avinger的外圍設備進入大中華市場。

  • 獲得公開發行,提供高達2400萬美元的成長融資。

  • 推進了具有專有圖像引導的冠脈CTO穿越設備的研發工作,預計不久將向FDA申請IDE。

  • 在外周血管領域推出了新的Pantheris LV切除導管。

Opportunities:

機會:

  • Partnership with Zylox-Tonbridge opens a pathway to the Greater China market, which could significantly boost the revenue base post-2025.

  • The Coronary CTO crossing device leverages existing high-value reimbursement codes, enhancing market competitiveness.

  • 與Zylox-Tonbridge的合作伙伴關係爲進入大中華市場打開了通路,這可能在2025年後顯着提升收入基礎。

  • 冠狀動脈CTO穿越設備利用現有的高價值報銷代碼,提高了市場競爭力。

Risks:

風險:

  • Decline in revenue resulting from the reduction in field sales head count, although seen as a strategic move towards more profitable ventures.

  • 銷售現場人員減少導致收入下降,雖然被視爲走向更具利潤性的決策。

More details: Avinger IR

更多細節請參見Avinger IR。

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。

譯文內容由第三人軟體翻譯。


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