Myomo (MYO) Tops Q1 EPS by 3c

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Go back to Myomo (MYO) Tops Q1 EPS by 3c

Myomo Reports First Quarter 2019 Results

May 13, 2019 7:00 AM EDT

Reports 165% Year-over-Year Revenue Growth and Continued Expansion of Reimbursement Pipeline

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 first quarter ended March 31, 2019.

Recent Highlights and Accomplishments:

Revenues for the first quarter 2019 of $830,000 increased by 165% versus the comparable period of 2018. Gross profit for the quarter increased by 219% compared to the first quarter of 2018 and gross margin... More