ReWalk Robotics (RWLK) Posts Wider than Expected Q1 Loss
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May 7, 2015 6:50 AM EDT
YOKNEAM ILIT, Israel and MARLBOROUGH, Mass., May 7, 2015 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) ("ReWalk" or "the Company") today announced its financial results for the three months ended March 31, 2015.
Highlights of and subsequent to the first quarter include:
Total revenue was $635,000 compared to $445,000 during the first quarter of 2014, an increase of 43% year-over-year but a sequential decline from $1.5 million in the fourth quarter of 2014;
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13 ReWalk systems were placed during the first quarter of 2015 compared to six systems during the first quarter of 2014 and 31 systems during the fourth quarter of 2014;
 ...
More
May 7, 2015 6:50 AM EDT
YOKNEAM ILIT, Israel and MARLBOROUGH, Mass., May 7, 2015 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) ("ReWalk" or "the Company") today announced its financial results for the three months ended March 31, 2015.
Highlights of and subsequent to the first quarter include:
Total revenue was $635,000 compared to $445,000 during the first quarter of 2014, an increase of 43% year-over-year but a sequential decline from $1.5 million in the fourth quarter of 2014;
Â
13 ReWalk systems were placed during the first quarter of 2015 compared to six systems during the first quarter of 2014 and 31 systems during the fourth quarter of 2014;
 ...
More
