Myomo (MYO) Tops Q2 EPS by 14c

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Myomo Second Quarter 2021 Financial Results Feature Significant Increases in Revenue and Gross Margin, Record Insurance Authorizations and Orders

August 9, 2021 4:05 PM EDT

 Revenue was $3.1 million, up 262% over prior year

Gross margin was 71%, up 2,000 basis points over prior year

Insurance authorizations and orders were a record 138

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

BOSTON--(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 three and six months ended June 30, 2021.

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