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ReWalk Robotics

ReWalk Robotics misses on revenues in Q4

February 18, 2021 By Sean Whooley Leave a Comment

ReWalk Robotics (NSDQ:RWLK) shares dipped pre-market today on fourth-quarter results that couldn’t top the consensus forecast. The Marlborough, Mass.-based robotic exoskeleton device maker posted losses of -$2.9 million, or -14¢ per share, on sales of $1.2 million for the three months ended Dec. 31, 2020, for a 17.6% bottom-line gain on sales growth of 3.1%. Adjusted […]

Filed Under: Business/Financial News, Featured, MassDevice Earnings Roundup, Orthopedics, Robotics, Spine, Wall Street Beat Tagged With: ReWalk Robotics

ReWalk Robotics seeks to raise $6.2M

December 30, 2020 By Sean Whooley

ReWalk Robotics (NSDQ:RWLK) announced that it is seeking to sell nearly 5.6 million ordinary shares, plus more, worth about $6.2 million. Marlborough, Mass.-based ReWalk is also offering more than 4.5 million ordinary shares which are issuable upon the exercise of outstanding warrants, according to a news release. ReWalk is also registering ordinary shares issuable upon the […]

Filed Under: Business/Financial News, Featured, Funding Roundup, Orthopedics, Spine Tagged With: ReWalk Robotics

ReWalk gains Medicare coverage

October 20, 2020 By Sean Whooley

ReWalk Robotics (NSDQ:RWLK) announced today that it received authorization from CMS as a medicare provider. Marlborough, Mass.-based ReWalk is now able to bill Medicare directly for the procurement of its ReWalk personal exoskeleton for Medicare beneficiaries, thanks to the authorization from the Centers for Medicare & Medicaid Services (CMS), according to a news release. In July, […]

Filed Under: Business/Financial News, Medicare, Orthopedics, Spine Tagged With: Centers for Medicare and Medicaid Services (CMS), ReWalk Robotics

Court denies shareholder lawsuit against ReWalk Robotics

August 26, 2020 By Sean Whooley

A district court dismissed ReWalk Robotics (NSDQ:RWLK) shareholders’ claims of violations of the Securities Act and Securities Exchange Act. The Massachusetts District Court dismissed the Securities Act claims made by investors, led by Wang Yan, due to a failure to state a claim, while also finding that Yan did not have standing to bring the Exchange Act […]

Filed Under: Business/Financial News, Featured, Legal News, Robotics, Surgical Tagged With: ReWalk Robotics

ReWalk Robotics raises $9m

July 8, 2020 By Sean Whooley

ReWalk Robotics (NSDQ:RWLK) announced last week that it entered into definitive agreements to issue its ordinary shares for proceeds totaling about $9 million. The Yokneam Illit, Israel–based robotic walking assistance company issued more than 4.9 million ordinary shares at a purchase price of $1.8225 per share, while also issuing unregistered warrants to purchase up to nearly […]

Filed Under: Business/Financial News, Funding Roundup, Robotics, Surgical Tagged With: ReWalk Robotics

MedTech 100 roundup: Stocks peak to end May

June 1, 2020 By Sean Whooley

Medtech stocks closed May at their highest point since before the COVID-19 pandemic rocked the markets. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — sat at 87.17 points at the end of last week (May 29). That total represents a 2.3% gain from the 85.22-point total at the […]

Filed Under: Business/Financial News, Featured, Funding Roundup, MassDevice Earnings Roundup, Mergers & Acquisitions, Wall Street Beat Tagged With: Boston Scientific, Conventus Orthopaedics, coronavirus, COVID-19, Haemonetics, MedTech 100 Index, ReWalk Robotics, Titan Medical Inc.

ReWalk Robotics posts COVID-19-affected Q1 losses

May 28, 2020 By Sean Whooley

ReWalk Robotics (NSDQ:RWLK) shares ticked up slightly today despite first-quarter results that came up short of the consensus forecast. The Yokneam Illit, Israel–based robotic walking assistance company posted losses of $3.8 million, or -37¢ per share, on sales of $760,000 for the three months ended March 31, 2020, for a 4% bottom-line gain on a sales […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Neurological, Robotics, Wall Street Beat Tagged With: coronavirus, COVID-19, ReWalk Robotics

ReWalk Robotics down on Q4 losses, missed projections

February 20, 2020 By Sean Whooley

ReWalk Robotics (NSDQ:RWLK) shares took a hit today on fourth-quarter losses that came up short of the consensus forecast. The Yokneam Illit, Israel–based robotic walking assistance company posted losses of -$3.6 million, or -49¢ per share, on sales of $1.2 million for the three months ended Dec. 31, 2019, with a profit gain of nearly $1.5 […]

Filed Under: Business/Financial News, Featured, MassDevice Earnings Roundup, Neurological, Robotics, Wall Street Beat Tagged With: ReWalk Robotics

ReWalk Robotics closes $7m public offering

February 11, 2020 By Sean Whooley

ReWalk Robotics (NSDQ:RWLK) announced that it closed its previously announced public offering with the gross proceeds reaching $7 million. The Yokneam Illit, Israel–based robotic walking assistance company offered more than 4 million units of stock to the public at $1.25 per unit, along with more than 1.5 million pre-funded units at $1.249 per unit, according to […]

Filed Under: Business/Financial News, Featured, Funding Roundup, Neurological, Robotics Tagged With: ReWalk Robotics

ReWalk Robotics posts Q3 losses on missed projections

November 14, 2019 By Sean Whooley

ReWalk Robotics (NSDQ:RWLK) reported third-quarter results that came up shy of the consensus forecast. The Yokneam Illit, Israel–based robotic walking assistance company posted losses of -$3.4 million, or -46¢ per share, on sales of $1.2 million for the three months ended Sept. 30, for a 25.2% bottom-line gain on sales decline of -23.7%. Adjusted to exclude […]

Filed Under: MassDevice Earnings Roundup, Robotics, Wall Street Beat Tagged With: ReWalk Robotics

ReWalk Robotics raises $11m in warrants offering

June 13, 2019 By Danielle Kirsh

ReWalk Robotics (NSDQ:RWLK) said yesterday that it raised $11 million in a warrants offering. Israel-based ReWalk Robotics sold roughly 1.5 million five-year warrants in November 2018 that are now being redeemed for $7.50 apiece, resulting in gross proceeds of $11 million and net proceeds of about $10 million. The warrants were issued on June 5-6, according […]

Filed Under: Business/Financial News, Robotics Tagged With: ReWalk Robotics

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