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Stock impact report

LiveWire Group Inc Reports Mixed 2023 Financial Results Amidst Strong Q4 Performance [Yahoo! Finance]

LiveWire Group, Inc. (LVWR) 
Company Research Source: Yahoo! Finance
Operating Loss : Q4 operating loss increased by 17% to $33.8 million; full-year operating loss widened by 36% to $116.0 million. Net Loss : Q4 net loss grew by 48% to $33.1 million; full-year net loss expanded by 39% to $109.6 million. Unit Sales : Electric motorcycle unit sales in Q4 reached 514, a 645% increase; full-year sales rose by 21% to 660 units. 2024 Outlook : Anticipates electric motorcycle sales of 1,000 to 1,500 units and an operating loss of $115 million to $125 million. Warning! GuruFocus has detected 2 Warning Sign with LVWR. On February 8, 2024, LiveWire Group Inc ( NYSE:LVWR ) released its 8-K filing , detailing the company's financial performance for the fourth quarter and full year of 2023. LiveWire, an all-electric vehicle company, concluded the year with a strong fourth quarter, driven by the successful market delivery of its S2 Del Mar model. Despite the increase in unit sales and revenue, the company faced widened operating and net losses due to prod Show less Read more
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