ReWalk Robotics (RWLK) Misses Q4 EPS by 9c

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ReWalk Robotics Reports Fourth Quarter and Year-End 2015 Financial Results

February 25, 2016 7:01 AM EST

YOKNEAM ILIT, Israel and MARLBOROUGH, Mass., Feb. 25, 2016 (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, 2015.

Highlights of and subsequent to the fourth quarter include:

Grew total revenue for the fourth quarter by 14.7% sequentially to $1.3 million; total revenue for full year 2015 was $3.7 million;Placed 25 ReWalk systems during the fourth quarter of 2015, of which a record high 23 were for personal use, up sequentially from 23 total systems placed during the third quarter of 2015, of... More