Myomo Reports First Quarter 2019 Results
Myomo Inc. (MYO)
NASDAQ:AMEX Investor Relations:
myomo.com/investor-opportunities
Company Research
Source: Business Wire
Reports 165% Year-over-Year Revenue Growth and Continued Expansion of Reimbursement Pipeline 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 its financial results for the first quarter ended March 31, 2019. Recent Highlights and Accomplishments: Revenues for the first quarter 2019 of $830,000 increased by 165% versus the comparable period of 2018. Gross profit for the quarter increased by 219% compared to the first quarter of 2018 and gross margin expanded to 79% from 65%. The Company’s reimbursement pipeline contained 354 MyoPro units as of March 31, 2019, up 16% from 306 units at the end of the fourth quarter 2018. In the first quarter 2019, t
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MYO
News
- Myomo Appoints Heather Getz to its Board of Directors [Yahoo! Finance]Yahoo! Finance
- Myomo Appoints Heather Getz to its Board of DirectorsBusiness Wire
- Myomo's Revolutionary MyoPro Brace: A Buy In Neurological Mobility Aid [Seeking Alpha]Seeking Alpha
- Global Robotic Prosthetics Market 10 Year Forecast Report 2024-2034, by Product Type, Technology Prosthetics, End User and Region [Yahoo! Finance]Yahoo! Finance
- Myomo, Inc.: In Motion To Accelerating Revenue Growth [Seeking Alpha]Seeking Alpha
MYO
Earnings
- 3/7/24 - Miss
MYO
Sec Filings
- 4/4/24 - Form 4
- 4/2/24 - Form 144
- 3/28/24 - Form 3
- MYO's page on the SEC website