Myomo (MYO) Tops Q3 EPS by 10c

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Myomo Third Quarter 2021 Financial Results Feature Record Revenue

November 10, 2021 4:05 PM EST

Revenue of $4.4 million up 128% over prior year, up 159% year-to-date

Gross margin of 75% up 1,900 basis points over prior year

Backlog increased to 177 units

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 nine months ended September 30, 2021.

Financial and operational... More