ReWalk Robotics (RWLK) Posts Breakeven Q2 Loss

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ReWalk Robotics Reports Second Quarter 2016 Financial Results

August 4, 2016 6:55 AM EDT

YOKNEAM ILIT, Israel and MARLBOROUGH, Mass., Aug. 04, 2016 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (ReWalk or the Company) today announced its financial results for the three- and six-month periods ended June 30, 2016.

Highlights of and subsequent to the second quarter include:

Total revenue for the second quarter of 2016 was $817,000, compared to $610,000 for the second quarter of 2015;Placed 25 ReWalk systems during the second quarter of 2016, compared to 12 ReWalk systems during the second quarter of 2015;Placed 24 individual personal use systems during the quarter, of which a record 18 were... More