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Leatt Corp - LEAT STOCK NEWS

Welcome to our dedicated page for Leatt news (Ticker: LEAT), a resource for investors and traders seeking the latest updates and insights on Leatt stock.

Leatt Corporation (LEAT) drives innovation in protective gear for extreme sports athletes and motorsports professionals. This page aggregates official announcements, financial updates, and strategic developments from the global leader in biomechanically engineered safety equipment.

Access real-time updates on product launches, earnings reports, and partnerships that define LEAT's market leadership. Investors gain insights into corporate milestones while enthusiasts discover advancements in mountain biking and motocross safety technology.

Key coverage areas include R&D breakthroughs from Leatt's Cape Town lab, expansion of distribution networks, and collaborations with sports organizations. All content is sourced from verified corporate communications and industry analysis.

Bookmark this page for streamlined access to LEAT's evolving story. Check regularly for developments impacting the $3.2B personal protective equipment market and the company's position within it.

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Leatt Corporation (LEAT) to Release Financial Results for Q4 and Full Year 2023 on March 13, 2024
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Leatt Corporation (LEATT) wins the Design & Innovation Award 2024 for its Jersey MTB All Mountain 5.0 and Pants MTB All Mountain 4.0. The company's innovative products have been recognized for their design and engineering excellence, marking the tenth time Leatt has received this prestigious award. The award-winning combination includes a built-in hip pack, padded mobile pockets, and chin-bar loops, catering to the needs of both professional and recreational riders. Leatt continues to lead the industry with its commitment to design excellence and real-world advancements.
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Leatt Corporation launches a new line of Adventure (ADV) gear designed for motorcycle enthusiasts seeking comfort and safety in all weather conditions and terrains. The new line includes three product ranges, each catering to specific needs, and incorporates adaptable elements for rider comfort and safety.
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Leatt Corporation announces financial results for Q3 2023: global revenues down 43% to $37.4 million for the first nine months of 2023, gross profit margins increase to 43%, net income down 80% to $2.3 million, cash flow from operations up 277% to $6.6 million, cash and cash equivalents at $10.8 million.
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Leatt Corporation plans to release its financial results for the third quarter 2023 on November 6, 2023. The management team will host a conference call at 10:00 am ET on the same day to discuss the results. Participants can access the call through dial-in numbers or a live webcast on the company's website. An audio replay of the conference call will be available for seven days, and a recording of the webcast will be archived on the website for 30 days.
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Leatt Corporation has hired two industry professionals to focus on the Mountain Biking (MTB) market, aiming to grow its presence in the international and domestic MTB markets. This move reflects Leatt's investment in the promising MTB business, which has become a key growth area for the company. The addition of these professionals is expected to bring a new level of focus and help Leatt strive for a surge in market share in key areas.
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Leatt Corporation announces financial results for Q2 2023, with global revenues of $12.35 million, down 31% compared to Q2 2022. Gross profit margins increased from 41% to 44% for the first six months of 2023. Net income was $776,139, down 72% compared to Q2 2022. Helmet sales increased by 48% to $3.52 million. Cash and cash equivalents increased 69% to $12 million.
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Leatt Corp

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