ReWalk Robotics, the Marlborough-based maker of exoskeleton systems for paraplegics, boosted its revenue in the first quarter, according to an earnings statement. Sales, though, came up short, according to CEO Larry Jasinski.
Taking Stock, a new feature in the Worcester Business Journal, will be published quarterly to highlight the market performance of public companies that are either based or that have a significant presence in Central Massachusetts.
A number of Central Massachusetts companies have recently gone public in what experts say is one of the strongest markets for initial public stock offerings in years. Taking a company public can be a means to accelerate growth, but also presents challenges beyond those faced by private companies.
Talk to technology entrepreneurs and there's a question that often comes up: Would you rather do cool stuff or important stuff? Make an amazing virtual reality headset or improve the treatment options for diabetes? ReWalk Robotics doesn't have to choose.
ReWalk Robotics of Marlborough reported a 283 percent jump in revenue, to $1.5 million, for the fourth quarter of 2014 compared with the same quarter in 2013.