ReWalk Robotics (RWLK) Tops Q1 EPS by 4c; VA Purchases Additional ReWalk Personal Systems
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Department of Veterans Affairs Purchases 20 ReWalk Systems to Support National Multi-Center Trial Assessing Personal Exoskeleton System Use
May 5, 2016 6:57 AM EDTYOKNEAM ILIT, Israel and MARLBOROUGH, Mass., May 5, 2016 /PRNewswire/ -- ReWalk Robotics Ltd. (Nasdaq: RWLK) ("ReWalk" or "Company"), the leading global exoskeleton developer and manufacturer, announced that the U.S. Department of Veterans Affairs ("VA") has purchased an additional 20 ReWalk Personal Systems to support initiation of their national multi-center clinical trial.Â
The VA clinical trial is the... More
ReWalk Robotics Reports First Quarter 2016 Financial Results
May 5, 2016 6:50 AM EDT-Growth driven by U.S. Veterans Administration and Commercial Insurance Reimbursement-
YOKNEAM ILIT, Israel and MARLBOROUGH, Mass., May 05, 2016 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (ReWalk or the Company) today announced its financial results for the three-month period ended March 31, 2016.
Highlights of and subsequent to the first quarter include:
Total revenue for the first quarter was $2.1 million, compared to $635,000 for the first quarter of 2015;Placed 32 ReWalk systems during the first quarter of 2016, compared to 13 ReWalk systems during the first quarter... More