Yahoo Finance LiveWire Group First Quarter 2024 Earnings: US$0.12 loss per share (vs US$0.10 loss in 1Q 2023)
LiveWire Group (NYSE:LVWR) First Quarter 2024 Results
Key Financial Results
Revenue: US$4.98m (down 36% from 1Q 2023).
Net loss: US$23.6m (loss widened by 12% from 1Q 2023).
US$0.12 loss per share (further deteriorated from US$0.10 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
LiveWire Group Earnings Insights
Looking ahead, revenue is forecast to grow 58% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Auto industry in the US.
Performance of the American Auto industry.
The company's shares are down 5.5% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for LiveWire Group that you need to take into consideration.
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