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Avinger, Inc. (AVGR) Q3 2024 Earnings Call Transcript Summary

Avinger, Inc. (AVGR) Q3 2024 Earnings Call Transcript Summary

Avinger, Inc. (AVGR) 2024年第三季度業績會議呼叫摘要
富途資訊 ·  11/08 10:53  · 電話會議

The following is a summary of the Avinger, Inc. (AVGR) Q3 2024 Earnings Call Transcript:

以下是愛文思控股公司(AVGR)2024年第三季度業績會討論摘要:

Financial Performance:

財務表現:

  • Total revenue for Q3 2024 was $1.7 million, a slight decrease from previous figures.

  • Gross margin improved to 26% in Q3 2024 from 20% in the prior quarter, reflecting increased operating efficiency.

  • Net loss was $3.7 million in Q3 2024, showing a 15% improvement from the previous quarter.

  • 2024年第三季度的總營業收入爲170萬美元,略有下降。

  • 2024年第三季度的毛利率從上一季度的20%提高到26%,反映出運營效率提高。

  • 2024年第三季度淨虧損爲370萬美元,較上一季度改善了15%。

Business Progress:

業務進展:

  • Implemented a cost savings program reducing overall headcount by 24%, including a one-third reduction in the commercial team, enhancing operating efficiency.

  • Expanded the Pantheris LV large vessel peripheral atherectomy catheter to full commercial launch, paired with the Lightbox 3 imaging console.

  • Advanced the development of a coronary CTO crossing system with the completion of Phase III trials and preparation for an FDA investigational device exemption application.

  • 實施了一項成本節約計劃,全面減少了24%的總人員配備,包括商業團隊的三分之一減少,提高了運營效率。

  • 將Pantheris LV大型血管周圍動脈切割導管全面商業化推出,配合Lightbox 3成像控制檯。

  • 完成了第三期試驗,準備提交FDA調查設備豁免申請,推進冠脈CTO穿越系統的開發。

Opportunities:

機會:

  • The partnership with Zylox-Tonbridge opens up the large Chinese market for Avinger's devices and facilitates cost-effective manufacturing, with regulatory clearance anticipated in 2025.

  • Opportunities for substantial cost savings for hospitals using Avinger's products, potentially allowing for more efficient resource allocation.

  • 與Zylox-Tonbridge的合作爲Avinger的設備開拓了龐大的中國市場,促進了成本效益的製造,預計將在2025年獲得監管審批。

  • 使用Avinger產品的醫院有機會實現可觀的成本節約,可能有助於更有效地分配資源。

Risks:

風險:

  • No explicit risks/opportunities detected.

  • 未檢測到明確的風險/機會。

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

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譯文內容由第三人軟體翻譯。


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