Myomo MYO reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Myomo beat estimated earnings by 33.33%, reporting an EPS of $-0.06 versus an estimate of $-0.09.
Revenue was up $1.11 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 7.67% drop in the share price the next day.
Here's a look at Myomo's past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.03 | -0.13 | -0.42 | -0.43 |
| EPS Actual | -0.04 | -0.11 | -0.29 | -0.40 |
| Revenue Estimate | 5.63M | 3.33M | 4.06M | 3.95M |
| Revenue Actual | 5.96M | 3.45M | 4.04M | 3.97M |
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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