LiveWire reports Q2 EPS (9c) vs. (12c) last year

Reports Q2 revenue $5.87M vs. $6.45M last year. “During the second quarter, we continued our focus on what can be controlled, reducing consolidated operating loss by 35 percent compared to the prior-year same quarter. Despite continued supply chain challenges driven by the overall economic market, STACYC delivered a 25 percent increase in revenue compared to the prior-year same quarter. While Electric Motorcycle revenue decreased compared to the prior-year same quarter in the challenging EV market, we remained the #1 electric motorcycle retailer in the US 50+ horsepower on road EV segment1. We are thrilled with the positive feedback we have received on the two prototype models that were on display at the Harley-Davidson Homecoming and look forward to sharing additional details on these lower-priced, smaller models in the upcoming weeks and months,” said Karim Donnez, CEO, LiveWire.