Myomo (NASDAQ:MYO) Issues Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Myomo (NASDAQ:MYO) issued its earnings results on Thursday. The company reported ($0.15) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.02, reports. The business had revenue of $0.88 million for the quarter, compared to the consensus estimate of $1.09 million.

MYO traded down $0.04 on Friday, hitting $0.78. 53,175 shares of the company’s stock traded hands, compared to its average volume of 80,952. The firm has a 50 day simple moving average of $0.77. Myomo has a one year low of $0.66 and a one year high of $2.69.

Myomo Company Profile

Myomo, Inc, a commercial stage medical robotics company, designs, develops, and produces myoelectric braces or orthotics for people suffering with neuromuscular disorders in the United States. It offers MyoPro, a powered upper limb orthosis that supports the arm, as well as restores function to the weakened or paralyzed arms of patients suffering from CVA stroke, brachial plexus injury, traumatic brain injury, spinal cord injury, ALS, or other neuromuscular disease or injury.

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Earnings History for Myomo (NASDAQ:MYO)

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