secwatch.observer — SEC 8-K summary
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Issuer:     LiveWire Group, Inc. (LVWR)
CIK:        0001898795
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0001898795-24-000290
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LiveWire Q3 net loss $22.7M; revenue down 45%; cuts EV bike sales outlook
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- Consolidated revenue $4.4M, down 45% YoY; electric motorcycle revenue $1.2M (-10%), STACYC $3.2M (-52%).
- Net loss $22.7M vs $14.6M in Q3 2023; operating loss $26.5M, up 5%.
- Electric motorcycle units sold 99 (up 98% YoY); balance bike units 3,442 (down 52%).
- Revises FY2024 electric motorcycle sales guidance to 600-1,000 units; reaffirms operating loss $105-115M.
- CEO cites challenging two-wheel EV market; plans new product segment at EICMA in November.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1898795/000189879524000290/0001898795-24-000290-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1898795/000189879524000290/lvwr-20241024.htm
  HTML page:      https://secwatch.observer/filing/0001898795-24-000290

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