ReWalk Robotics soars on highest qtrly revenue in 4 years

Lifeward

11/11/2021 11:16

** Medical device maker ReWalk Robotics Ltd's shares
 RWLK.O  soar 26% to $1.88 premarket - mostly heavily traded
U.S. stock before the bell 
    ** Reports revenue of $2 million in Q3, highest qtrly
revenue in 4 years [nGNX3vSMqj
    ** Rev grows 164% due to higher sales of its wearable
robotic suit for people with spinal injury, ReWalk Personal 6.0,
in Germany and a multiple unit order to a U.S physical therapy
university
    ** Reports Q3 loss of $2.7 mln versus $3.3 mln, a year ago 
    ** Up to Wednesday's close, stock had risen nearly 13% YTD

 (Reporting by Leroy Leo in Bengaluru)
 ((Leroy.Dsouza@thomsonreuters.com;))