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Stock impact report

Lifeward Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]

ReWalk Robotics Ltd. - Ordinary Shares (LFWD) 
Company Research Source: Yahoo! Finance
MARLBOROUGH, Mass. and YOKNEAM ILLIT, Israel, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (DBA Lifeward™), (Nasdaq: LFWD) (“Lifeward” or the “Company”), a global market leader delivering life-changing solutions to revolutionize what is possible in rehabilitation, recovery, and the pursuit of life's passions in the face of physical limitation or disability, today announced its financial results for the three months and full year ended December 31, 2023. Highlights of the Fourth Quarter of 2023 and Early 2024 Record annual revenue for 2023 was $13.9 million, compared to $5.5 million in 2022, an increase of 151%. The Company completed the integration of the commercial and operational resources of the former ReWalk and AlterG businesses to unify the teams and leverage the inherent strengths of both organizations, resulting in $3 million in annual net savings to be realized in 2024. The Company unveiled its new corporate branding to officially begin doing business as Li Show less Read more
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