secwatch.observer — SEC 8-K summary
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Issuer:     Lifeward Ltd. (LFWD)
CIK:        0001607962
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001178913-24-003602
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lifeward Q3 rev $6.1M (+39% YoY); net loss narrows to $3.1M; FY guidance $25M-$26M
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- Revenue $6.1M, up 39% vs $4.4M in Q3 2023; ReWalk sales up 173% to $2.5M.
- Net loss $3.1M ($0.35/share) vs $7.5M ($0.88) prior year; adjusted net loss $4.0M ($0.45).
- Gross margin 36.2% vs 19.6% (adjusted 42.5% vs 45.1%); cash $10.7M, no debt.
- FY2024 revenue guidance revised to $25M-$26M; expects highest quarterly revenue in Q4.
- Announced cost savings: closing two U.S. facilities, saving ~$3M op expenses; 40 AlterG NEO units ordered.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1607962/000117891324003602/0001178913-24-003602-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1607962/000117891324003602/zk2432284.htm
  HTML page:      https://secwatch.observer/filing/0001178913-24-003602

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