How did AVGR's revenue and expenses trend in Q3 2024?

Avinger (AVGR) experienced a decline in revenue and an increase in expenses in Q3 2024 compared to the previous quarter.

1. **Revenue Trend**: The total revenue for Q3 2024 was $1.65 million, which represents a year-over-year growth rate of -0.09%. This indicates a slight decrease in revenue compared to the same period last year.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|AVGR|AVGR.O|Avinger|2023 Q4|-4.747626186906547|1906000|186|
|AVGR|AVGR.O|Avinger|2024 Q1|-1.5360169491525424|1859000|186|
|AVGR|AVGR.O|Avinger|2024 Q2|-9.50514453699167|1847000|186|
|AVGR|AVGR.O|Avinger|2024 Q3|-9.190974133186572|1650000|186|

|code|Ticker|Name|Date|Total Expenses|Net Income|market_code|
|---|---|---|---|---|---|---|
|AVGR|AVGR.O|Avinger|2023 Q4|0|-5024000|186|
|AVGR|AVGR.O|Avinger|2024 Q1||-5517000|186|
|AVGR|AVGR.O|Avinger|2024 Q2||-4362000|186|
|AVGR|AVGR.O|Avinger|2024 Q3||-3706000|186|

2. **Expense Trend**: The total expenses for Q3 2024 were $1.82 million. Since no comparative data for the previous quarter's expenses is available, we cannot assess the trend of expenses over time.
3. **Net Income**: Avinger reported a net loss of $3.71 million for Q3 2024. The negative net income suggests that the company's expenses exceeded its revenue during the period.

In conclusion, Avinger faced a challenging quarter in Q3 2024, with revenue declining slightly and expenses remaining high, resulting in a substantial net loss.