LiveWire Group, Inc. Reports 2024 Second Quarter 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 second quarter 2024 results."In the second quarter, we achieved continued growth in existing markets for our Electric Motorcycles segment. In fact, we maintained our position as the #1 on-road electric motorcycle retailer in the U.S. for the first half of 2024. With a 12 percent improvement in consolidated operating loss for the quarter over prior year, we remain committed to cost reduction initiatives while investing in portfolio expansion in both our Electric Motorcycles and STACYC segments, with upcoming new products planned,” said Karim Donnez, CEO, LiveWire.Second Quarter 2024 Summary of ResultsUnit sales of 158 electric motorcycles, an increase of 35% over first quarter 2024 and triple digit increase over second quarter 2023.In line with expectations, consolidated operating loss improved by $3.8 million driven by overall cost reduction initiatives.LiveWire Group, Inc. –
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LVWR
Sec Filings
- 8/7/24 - Form 424B3
- 8/7/24 - Form 10-Q
- 7/25/24 - Form 424B3
- LVWR's page on the SEC website