Before the commencement of trading on the stock market for the day, Rewalk Robotics (LFWD) disclosed its earnings report, giving investors an overview of the company’s performance during the second quarter.
Noteworthy statistics and key information
- By the end of the quarter, the concern’s bottomline stood at loss of $0.42 per share, failed to meet the street anticipated $0.40 loss per share.
- Simultaneously, the revenues for the quarter tallying $6.71 million, fell below wall street forecasted $8.41 million.
- In comparison to the comparable quarter of prior year revenues advanced 401.65 percent.
- LFWD aims to achieve revenue goal for fiscal year 2024 that spans between $28.00 and $32.00 million.
- However financial analysts on Wall Street foresee a revenue of $30.66 million for the full year.
| Period | Type | Company Outlook |
Analysts Estimate |
Company Vs.* Analysts |
|---|---|---|---|---|
| FY24 | REV | $28 M~$32 M | $31 M | -2.2% |
*Based on the mid-point
Rewalk Robotics (LFWD) saw a striking 14.84 percent raise during the regular trading session on Thursday 15th August 2024, arriving at $3.56 around 12:14 PM, accompanied by a trading volume of 122.10 thousand shares. The stock was oscillating between $3.03 and $3.80 so far, following previous close of $3.10.
