Livewire Group Sees FY24 Electric Motorcycle Sales Of 600 To 1,000 Revenue Units, Lower Than Prior Projection Of 1,000 to 1,500 Revenue Units
Portfolio Pulse from Nabaparna Bhattacharya
Livewire Group has revised its FY24 electric motorcycle sales forecast to 600-1,000 units, down from the previous estimate of 1,000-1,500 units.
October 24, 2024 | 11:23 am
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Livewire Group has lowered its FY24 sales forecast for electric motorcycles to 600-1,000 units, a significant reduction from the previous estimate of 1,000-1,500 units.
The reduction in sales forecast indicates potential challenges in demand or production, which could negatively impact revenue expectations and investor sentiment, likely leading to a short-term decline in stock price.
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