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ReWalk Robotics Reports Second Quarter 2023 Net Loss of $4.64 Million

ReWalk Robotics Reports Second Quarter 2023 Net Loss of $4.64 Million

Revenues for the Second Quarter Reach $1.34 Million, Highlighting Ongoing Challenges

By USInMinutes
Published - Aug 11, 2023, 12:06 PM ET
Last Updated - Aug 11, 2023, 12:06 PM EDT

ReWalk Robotics Ltd.(RWLK) and its subsidiaries have released their condensed consolidated financial statements for the second quarter ended June 30, 2023. The company continues to face significant challenges as it reports a net loss of $4.64 million for the second quarter. Despite these challenges, the company generated revenues of $1.34 million during the same period.

Net Income/Loss

ReWalk Robotics reported a net loss of $4.64 million for the three months ended June 30, 2023. This figure represents a continuation of the company's financial struggles, as it grapples with various operating expenses and endeavors to strengthen its market position.

Revenue

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