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Stock impact report

Myomo Inc (MYO) Q3 2024 Earnings Call Highlights: Record Revenue and Strategic Growth Initiatives [Yahoo! Finance]

Myomo Inc. (MYO) 
NASDAQ:AMEX Investor Relations: myomo.com/investor-opportunities
Company Research Source: Yahoo! Finance
Gross Margin: 75.4% for the third quarter. Operating Expenses: $7.9 million, up 43% year-over-year. Operating Loss: $1 million, reduced from $2 million year-over-year. Net Loss: $1 million or $0.03 per share. Adjusted EBITDA: Negative $600,000. Cash and Cash Equivalents: $7 million as of September 30, 2024. Backlog: 316 units, representing over $16 million in potential revenue. International Revenue: $1.1 million, primarily from Germany. Fourth Quarter Revenue Guidance: $9.5 million to $10.5 million. Full Year Revenue Guidance: Raised to $30 million to $31 million. Warning! GuruFocus has detected 4 Warning Signs with MYO. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Myomo Inc ( MYO ) achieved a record revenue of $9.2 million in Q3 2024, marking an 83% increase over the same period in 2023. The company successfully added 645 medically qualified candidates to its patient p Show less Read more
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