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Stock impact report

LiveWire Group, Inc. Reports 2024 Third 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 third quarter 2024 results.“While the two-wheel industry has been challenging in 2024, especially for EV products in the U.S., the Company had reasons to celebrate in Q3, including being awarded best 2024 electric bike by Motor Cycle News and enjoying a global moment for S2 Del Mar® in August in Paris. In Q3, the Company continued to retail more on-road electric motorcycles in the U.S. than any other brand in the market and plans to announce a new product segment at EICMA in November, that we believe will meaningfully expand our current addressable market,” said Karim Donnez, CEO, LiveWire.Third Quarter 2024 Summary of ResultsUnit sales of 99 electric motorcycles, a double digit increase over third quarter 2023, which contributed to a triple digit increase in year-to-date unit sales over same period 2023Consolidated selling, administrative and engineering expenses decreased b Show less Read more
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