Myomo: Q1 Earnings Insights

Myomo MYO reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Myomo beat estimated earnings by 15.38%, reporting an EPS of $-0.11 versus an estimate of $-0.13.

Revenue was down $421 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 6.84% drop in the share price the next day.

Here's a look at Myomo's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.42 -0.43 -0.43 -0.53
EPS Actual -0.29 -0.40 -0.42 -0.41
Revenue Estimate 4.06M 3.95M 3.41M 2.85M
Revenue Actual 4.04M 3.97M 3.68M 3.87M

To track all earnings releases for Myomo visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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