10:09 AM EDT, 07/25/2024 (MT Newswires) -- LiveWire Group ( LVWR ) shares rose 2.4% in recent Thursday trading after posting a narrower Q2 net loss per share from a year earlier.

The company reported a Q2 net loss of $0.12 per share, narrowing from a loss of $0.20 a year earlier.

Analysts' estimates weren't available for comparison.

Net revenue for the quarter ended June 30 was $6.4 million, down from $7.0 million a year earlier.

A single analyst polled by Capital IQ expected $12.9 million.

For 2024, the electric motorcycle firm said it expects to sell between 1,000 to 1,500 revenue units and forecasts operating losses of $105 million to $115 million.

Price: 7.74, Change: +0.18, Percent Change: +2.38