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ReWalk: Q1 Earnings Snapshot

ReWalk: Q1 Earnings Snapshot

By Ap News
Published - May 15, 2024, 08:12 AM ET
Last Updated - May 27, 2024, 12:56 AM EDT

YOKNEAM ILIT, Israel (AP) — YOKNEAM ILIT, Israel (AP) — ReWalk Robotics Ltd. (LFWD) on Wednesday reported a loss of $6.3 million in its first quarter.

On a per-share basis, the Yokneam Ilit, Israel-based company said it had a loss of 73 cents.

The maker of wearable robotic exoskeletons that help paralyzed patients walk posted revenue of $5.3 million in the period.

ReWalk expects full-year revenue in the range of $28 million to $32 million.

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