Myomo (MYO) Tops Q3 EPS by 9c
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Myomo, Inc. Reports Third Quarter 2017 Results
November 6, 2017 4:13 PM ESTCAMBRIDGE, Mass.--(BUSINESS WIRE)-- Myomo, Inc. (NYSE American: MYO) (Myomo or the Company), a commercial stage medical robotics company, today reports its financial results for the three and nine months ended September 30, 2017.
Highlights and Achievements in the Third Quarter 2017 and Year To-date:
The third quarter of 2017 marked Myomos first full quarter as a publicly traded company. Total revenue for the third quarter increased 165% year over year to $489,000, compared to $184,000 for the third quarter of 2016. Third quarter revenue increased 59% compared with the second quarter of 2017. Gross margin in the third... More
