Robotic brace maker Myomo Q3 revenue rises on record O&P growth

Reuters

2025/11/11

Robotic brace maker Myomo Q3 revenue rises on record O&P growth

Overview

Myomo Q3 2025 revenue up 10% to $10.1 mln, helped by record U.S. and International orthotics and prosthetics (O&P) revenue
Company reiterates full-year revenue guidance of $40 mln to $42 mln
Operating expenses decreased sequentially but rose 26% yr/yr due to higher advertising and R&D

Outlook

Myomo reiterates full-year revenue guidance of $40 mln to $42 mln
Company expects cost reduction projects to improve margins by Q3 2026

Result Drivers

RECORD O&P REVENUE - Co achieved record U.S. and International orthotics and prosthetics (O&P) revenue in Q3, contributing to revenue growth
MYOCONNECT PROGRAM - New MyoConnect program aims to lower cost per pipeline add and improve pipeline quality through therapist and physician engagement
PATIENT PIPELINE GROWTH - Patient pipeline grew by 28% yr/yr with 826 new candidates added in Q3

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 EPS		-$0.09
Q3 Net Income		-$3.70 mln
Q3 Adjusted EBITDA		-$2.70 mln
Q3 Gross Margin		63.80%
Q3 Operating Expenses		$10 mln

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

Press Release: ID:nBw9ps2k4a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}