ReWalk Robotics (NASDAQ:LFWD) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$6.71m (up 402% from 2Q 2023).

• Net loss: US$4.30m (loss narrowed by 7.3% from 2Q 2023).

• US$0.50 loss per share (improved from US$0.55 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

ReWalk Robotics EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.1%.

Looking ahead, revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Medical Equipment industry in the US.

Performance of the American Medical Equipment industry.

The company's shares are up 8.1% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 4 warning signs for ReWalk Robotics (2 are significant!) that you should be aware of.

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