LiveWire Group, Inc. (LVWR) Q3 2024 Earnings Call Transcript Summary
LiveWire Group, Inc. (LVWR) Q3 2024 Earnings Call Transcript Summary
Earnings per share for Q3 2024 was $0.91, down 34% from $1.38 last year, and year-to-date earnings per share was $4.27, down 8% compared to the same period in 2023.The following is a summary of the LiveWire Group, Inc. (LVWR) Q3 2024 Earnings Call Transcript:
以下是LiveWire Group, Inc.（LVWR）2024年第三季度业绩会议呼叫文本摘要：
Financial Performance:
金融业绩：
Consolidated revenue in Q3 2024 was down 26%.
Consolidated operating income in Q3 2024 was $106 million, down 49% from the prior year.
Earnings per share for Q3 2024 was $0.91, down 34% from $1.38 last year, and year-to-date earnings per share was $4.27, down 8% compared to the same period in 2023.
2024年第三季度的综合营业收入下降了26%。
2024年第三季度的综合营业收入为10600万美元，较上一年同期下降了49%。
2024年第三季度每股收益为0.91美元，比去年的1.38美元下降了34%，截至目前为止，每股收益为4.27美元，与2023年同期相比下降了8%。
Business Progress:
业务进展：
Introduced a new lineup of touring motorcycles which includes the all-new Road Glide and Street Glide, receiving outstanding feedback.
The company is revising its full-year 2024 outlook due to lower than expected retail demand.
LiveWire has focused on right-sizing the business, reducing cash burn by an expected 40% in the next year, and expects to launch a new product segment at EICMA in November.
推出了一系列新的旅行摩托车产品线，包括全新的Road Glide和Street Glide，获得了极佳的反馈。
由于零售需求低于预期，公司正在调整其2024年全年前景。
LiveWire已经专注于调整业务规模，预计在未来一年将减少40%的现金流损耗，并计划在11月的EICMA上推出一个新的产品系列。
Opportunities:
机会：
Motorcycles, especially touring models, continue to see growth and market share gains despite overall sector challenges.
Potential additional revenue streams from LiveWire's upcoming product segment announcement at EICMA.
摩托车，特别是旅游车型，尽管整体板块面临挑战，仍然持续增长并获得市场份额。
LiveWire即将在EICMA宣布新产品系列，可能带来额外的营业收入来源。
Risks:
风险：
Ongoing macroeconomic and political uncertainty and high interest rates continue to impact the industry and consumer spending, affecting sales particularly in big ticket discretionary sectors.
持续的宏观经济和政治不确定性以及高利率期货继续影响行业和消费支出，尤其影响大额自由支配消费板块的销售。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息，请参阅IR网站。本文只是为投资者提供参考，没有任何指导或推荐建议。