Myomo MYO reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Myomo beat estimated earnings by 15.38%, reporting an EPS of $-0.11 versus an estimate of $-0.13.
Revenue was down $421 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.13 which was followed by a 6.84% drop in the share price the next day.
Here's a look at Myomo's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.42 | -0.43 | -0.43 | -0.53 |
| EPS Actual | -0.29 | -0.40 | -0.42 | -0.41 |
| Revenue Estimate | 4.06M | 3.95M | 3.41M | 2.85M |
| Revenue Actual | 4.04M | 3.97M | 3.68M | 3.87M |
To track all earnings releases for Myomo visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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