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年第三季度業績會議呼叫文本摘要：
Financial Performance:
金融業績：
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年第三季度的綜合營業收入下降了26%。
2024年第三季度的綜合營業收入爲10600萬美元，較上一年同期下降了49%。
2024年第三季度每股收益爲0.91美元，比去年的1.38美元下降了34%，截至目前爲止，每股收益爲4.27美元，與2023年同期相比下降了8%。
Business Progress:
業務進展：
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車產品線，包括全新的Road Glide和Street Glide，獲得了極佳的反饋。
由於零售需求低於預期，公司正在調整其2024年全年前景。
LiveWire已經專注於調整業務規模，預計在未來一年將減少40%的現金流損耗，並計劃在11月的EICMA上推出一個新的產品系列。
Opportunities:
機會：
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.
摩托車，特別是旅遊車型，儘管整體板塊面臨挑戰，仍然持續增長並獲得市場份額。
LiveWire即將在EICMA宣佈新產品系列，可能帶來額外的營業收入來源。
Risks:
風險：
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.
持續的宏觀經濟和政治不確定性以及高利率期貨繼續影響行業和消費支出，尤其影響大額自由支配消費板塊的銷售。
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。文章內容的準確性無法完全保證。有關更全面的詳細信息，請參閱IR網站。本文只是爲投資者提供參考，沒有任何指導或推薦建議。