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Stock impact report

Myomo Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]

Myomo Inc. (MYO) 
NASDAQ:AMEX Investor Relations: myomo.com/investor-opportunities
Company Research Source: Yahoo! Finance
and insurance authorizations received in Q4, up 87% over the prior year Record backlog of 230 patients as of December 31, 2023 Introduces 2024 first quarter and full year guidance Conference call begins at 4:30 p.m. Eastern time today BOSTON, March 07, 2024 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 months and year ended December 31, 2023. Financial and operational highlights for the fourth quarter of 2023 include the following (all comparisons are with the fourth quarter of 2022): Total and product revenue was $4.8 million, up 18%; Revenue units were 107, up 6%; MyoPro ® orders and insurance authorizations were received for 183 units, up 87%; Backlog, which represents insurance authorizations and orders received but not yet converted to revenue, wa Show less Read more
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