SaverOne Reports First Half 2023 Results with Strong Revenue Growth
PETAH TIKVAH, Israel, Aug. 29, 2023 /PRNewswire/ -- SaverOne 2014 Ltd. (NASDAQ: SVRE) (TASE: SVRE), a company developing and deploying transportation safety and advanced driver-assistance systems (ADAS) technologies and solutions, today presented its results for the first half ended June 30, 2023 and shared some of its recent business updates.
- "Given our solid results and the clear potential ahead of us, we are ever more optimistic about our long-term growth.
- Looking to the second half of 2023, we expect to continue the growth trend from our encouraging first half of the year," concluded Mr. Gilboa.
- This follows the successful implementation of the system in 100 Isuzu trucks in the first half of 2023.
- Net loss in the first half of 2023 was NIS 17.8 million (~$4.8 million), compared to NIS 11.9 million (~$3.2 million) for the first half of 2022.