Myomo Reports Third Quarter 2019 Results
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Myomo (MYO) Reports In-Line Q3 EPS
November 12, 2019 4:33 PM ESTMyomo (NYSE: MYO) reported Q3 EPS of ($0.16), in-line with the analyst estimate of ($0.16). Revenue for the quarter came in at $606.62 thousand versus the consensus estimate of $1.33 million.
In the third quarter, Myomos growth metrics accelerated, said Paul R. Gudonis, Chairman and CEO of Myomo. During the quarter, we increased our overall reimbursement pipeline by 17%, driven by a record number of pipeline additions and we also generated a record number of insurance authorizations in the quarter, which helped... More
