Wearable Devices Ltd. Reports Increased H1 Loss

Wearable Devices Ltd. (WLDS) has released an update.

Wearable Devices Ltd. reported a net loss of $4,210,000 for the first half of 2024, a slight increase from the $3,896,000 loss in the same period of the previous year. Despite the losses, the company’s total assets decreased to $5,372,000 as of June 30, 2024, down from $7,592,000 at the end of 2023. Shareholders’ equity also saw a significant decrease, standing at $1,695,000, compared to $5,526,000 as of December 31, 2023.

For further insights into WLDS stock, check out TipRanks’ Stock Analysis page.