Myomo Reports Fourth Quarter and Full Year 2020 Financial Results

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Myomo (MYO) Tops Q4 EPS by 12c, Revenues Beat

March 10, 2021 4:14 PM EST

Myomo (NYSE: MYO) reported Q4 EPS of ($0.37), $0.12 better than the analyst estimate of ($0.49). Revenue for the quarter came in at $3.8 million versus the consensus estimate of $3.02 million.

Revenue was up 149% to a record $3.8 million101 units were delivered to patients including 97 recognized as revenue, a 126% increaseRevenue from the direct billing channel represented 77% of total revenue, up from 68% of revenue in the... More