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Stock impact report

LiveWire Group, Inc. Reports 2023 Fourth Quarter and Full Year Financial Results

LiveWire Group, Inc. (LVWR) 
Company Research Source: Business Wire
MILWAUKEE--(BUSINESS WIRE)--LiveWire Group, Inc. (“LiveWire” or the “Company”) (NYSE: LVWR) today reported fourth quarter and full year 2023 results.“LiveWire concluded 2023 with a strong Q4 performance, delivering on units and operating loss guidance for the full year with the successful delivery to market of S2 Del Mar®, the first model built on our S2 platform that continues to generate a positive response from the media, our retailers, and our riders. We expect 2024 to be a year highlighted by product innovation, market expansion, and continued cost improvements,” said Karim Donnez, CEO, LiveWire.2023 Highlights and Financial ResultsLaunched Del Mar, the first model built with an all-new in-house developed battery pack, power electronics, motor, telematics, and associated softwareUnit sales of 660 electric motorcycles, up double digits versus prior yearConsolidated operating loss in line with our expectations driven by product development costs relating to S2 platform, deliver Show less Read more
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