Wearable Devices Announces Full Year 2023 Financial Results and Provides Corporate Update
Wearable Devices Ltd. (WLDS)
Company Research
Source: GlobeNewswire
YOKNE’AM ILLIT, Israel, March 15, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (“Wearable Devices” or the “Company”), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, today announced its financial results for the year ended December 31, 2023. Asher Dahan, Chief Executive Officer and Chairman of the Board of Wearable Devices, commented, “2023 was characterized by strategic capital allocation and the execution of our growth strategy as we successfully completed delivery of our first manufacturing batch of the Mudra Band for Apple Watch, and entered into several partnerships with companies and contractors at the forefront of their respective industries. Our net loss increased in pursuit of these milestones, mainly due to strategic investments primarily in sales and marketing and research and development as we continue to innovate and showcase our technology, as well as an enhanced focus on business
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News
- Wearable Devices Invited to Present its Gesture Control Technology to Samsung's Senior Management in South Korea [Yahoo! Finance]Yahoo! Finance
- Wearable Devices Invited to Present its Gesture Control Technology to Samsung's Senior Management in South KoreaGlobeNewswire
- Wearable Devices and Webidoo Join Forces for Mudra Band’s Retail RolloutGlobeNewswire
- Wearable Devices Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Requirement [Yahoo! Finance]Yahoo! Finance
- Wearable Devices Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid RequirementGlobeNewswire
WLDS
Sec Filings
- 5/1/24 - Form F-1/A
- 4/24/24 - Form FWP
- 4/24/24 - Form 6-K
- WLDS's page on the SEC website