LiveWire Group Inc. Reports 18% Improvement in Net Loss Despite 72% Drop in Motorcycle Sales for Q1 2025
I'm PortAI, I can summarize articles.
LiveWire Group, Inc. reported a consolidated operating loss of $20.7 million for Q1 2025, an improvement from $30.4 million in Q1 2024, marking a 32% reduction. The net loss decreased by 18% to $19.3 million, down from $23.6 million. This reduction was attributed to a $7.8 million cut in expenses due to cost-streamlining initiatives. The company also expanded into four new countries and launched new products, including the LiveWire S2 Alpinista and a pedal-assist STACYC product.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments