Myomo (MYO) Misses Q1 EPS by 45c

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Go back to Myomo (MYO) Misses Q1 EPS by 45c

Myomo Reports 2020 First Quarter Financial Results

May 14, 2020 4:05 PM EDT

21% Year-Over-Year Revenue Growth; 51% Sequential Increase in Authorization Backlog

Conference call begins at 4:30 p.m. Eastern time today

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 financial results for the first quarter ended March 31, 2020.

Financial and operational highlights include the following (all comparisons are with the first quarter of 2019 unless otherwise noted):

Revenue was $1.0 million, up... More