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0 0.0230414746543778 0.0366820276497694 0.0366820276497694 -0.00691244239631342 -0.00460829493087568 0.0138248847926266 0.0115207373271889
Stock impact report

Myomo Reports Record Third Quarter Financial and Operating Results

Myomo Inc. (MYO) 
NASDAQ:AMEX Investor Relations: myomo.com/investor-opportunities
Company Research Source: Business Wire
$9.2 million in revenue, raises full-year revenue guidance225 MyoPro® authorizations and orders with 316 patients in backlog at quarter end645 additions to the pipeline result in 1,263 patients in the pipeline as of September 30, 2024 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 announced financial results for the three and nine months ended September 30, 2024.Financial and operating highlights for the third quarter of 2024 include the following (all comparisons are with the third quarter of 2023 unless otherwise indicated):Product and total revenue was a record $9.2 million, up 83% and 81%, respectively;Revenue units were a record 161, up 35%;Orders and insurance authorizations were received for a record 225 MyoPro units, up 44%;Backlog, which represents insurance authorizations and orders r Show less Read more
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