Myomo Q4 Loss Narrows, Sales Rise; Sets Guidance

MT Newswires Live
11 Mar

Myomo (MYO) reported a Q4 loss late Monday of $0.01 per diluted share, compared with a $0.07 loss a year earlier.

Analysts polled by FactSet expected a loss of $0.04.

Revenue for the quarter that ended Dec. 31 was $12.07 million, up from $4.76 million a year earlier.

Analysts surveyed by FactSet expected $9.9 million.

The company expects revenue of $9.0 million to $9.5 million in Q1 and $50 million to $53 million for the full year. Analysts expected $7.9 million for the quarter and $42.2 million for the year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10