Myomo Reports First Quarter 2024 Financial Results
Myomo Inc. (MYO)
NASDAQ:AMEX Investor Relations:
myomo.com/investor-opportunities
Company Research
Source: Business Wire
Record 275 patients in backlog, includes 180 authorizations and orders in Q1, up 48% over the prior yearRecord 493 MyoPro candidates added to the pipeline in Q1Revenue of $3.8 million, up 9% over the prior yearConference 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 reported financial results for the three months ended March 31, 2024.Financial and operational highlights for the first quarter of 2024 include the following (all comparisons are with the first quarter of 2023):Total and product revenue was $3.8 million, up 9%;Revenue units were 91, up 14%;MyoPro® orders and insurance authorizations were received for 180 units, up 48%;Backlog, which represents insurance authorizations and orders received but not yet converted to revenue, was 275 units, up
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News
- MYO: Myomo is Driving Advancements in Wearable Technology [Yahoo! Finance]Yahoo! Finance
- Myomo, Inc. (AMEX:MYO) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Myomo Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Myomo Announces First Lump Sum Reimbursements for MyoPros Delivered to Medicare Part B Beneficiaries Under New CMS Fees [Yahoo! Finance]Yahoo! Finance
- Myomo Announces First Lump Sum Reimbursements for MyoPros Delivered to Medicare Part B Beneficiaries Under New CMS FeesBusiness Wire
MYO
Earnings
- 5/8/24 - Miss
MYO
Sec Filings
- 5/17/24 - Form 4
- 5/15/24 - Form 144
- 5/8/24 - Form 8-K
- MYO's page on the SEC website