Myomo (MYO) Tops Q4 EPS by 1c, Revenues Beat

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Go back to Myomo (MYO) Tops Q4 EPS by 1c, Revenues Beat

Myomo Reports Fourth Quarter and Year End 2018 Results

March 7, 2019 4:05 PM EST

Reports Record Revenues and Reimbursement Pipeline for the Fourth Quarter and Full Year

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Myomo, Inc. (NYSE American: MYO) (Myomo or the Company), a wearable medical robotics company that offers increased functionality for those suffering from neurological disorders and upper limb paralysis, today announced its financial results for the fourth quarter and year ended December 31, 2018.

Recent Highlights and Accomplishments:

Revenues for the fourth quarter 2018 of $890,000 increased by 63% versus the comparable period of 2017. For the full year 2018, total revenue increased 57% to $2,444,000. Gross margins for... More