ReWalk Robotics (RWLK) Tops Q4 EPS by 3c

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ReWalk Robotics Reports Fourth Quarter and Year-End 2014 Financial Results

February 12, 2015 7:04 AM EST

YOKNEAM ILIT, Israel and MARLBOROUGH, Mass., Feb. 12, 2015 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) ("ReWalk," or "the Company") today announced its financial results for the three- and twelve-month periods ended December 31, 2014. Highlights of and subsequent to the fourth quarter 2014 include:

Total revenue increased 283% to $1.5 million compared to $0.4 million for the fourth quarter of 2013 resulting from the placement of 31 ReWalk systems; total revenue for year-end 2014 increased to $4.0 million compared to $1.6 million in 2013; First two U.S. private insurers, contracted through Workers' Compensation, approved coverage for ReWalk personal system; German Social Accident Insurance... More