For FY24, LiveWire Group Reiterated Electric Motorcycle Sales Of 1,000-1,500 Revenue Units, Operating Loss Of $(105)M-$(115)M
Portfolio Pulse from Benzinga Newsdesk
LiveWire Group has reiterated its electric motorcycle sales forecast for FY24, expecting to sell between 1,000 and 1,500 units. The company also projects an operating loss between $105 million and $115 million.
July 25, 2024 | 10:55 am
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LiveWire Group has reiterated its sales forecast for FY24, expecting to sell between 1,000 and 1,500 electric motorcycles. The company also projects an operating loss between $105 million and $115 million.
The reiteration of sales forecasts and projected operating loss indicates that the company is maintaining its previous outlook. This news is neutral as it does not introduce new information that would significantly alter investor sentiment.
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