Myomo, Inc. (MYO)

NYSEAMERICAN: MYO · Real-Time Price · USD
5.41
-0.07 (-1.32%)
Dec 3, 2024, 11:50 AM EST - Market open
-1.32%
Market Cap 163.55M
Revenue (ttm) 25.24M
Net Income (ttm) -8.38M
Shares Out 30.25M
EPS (ttm) -0.28
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 62,328
Open 5.48
Previous Close 5.48
Day's Range 5.35 - 5.56
52-Week Range 2.51 - 5.69
Beta 1.75
Analysts Strong Buy
Price Target 7.75 (+43.32%)
Earnings Date Nov 6, 2024

About MYO

Myomo, Inc., a wearable medical robotics company, designs, develops, and produces myoelectric orthotics for people with neuromuscular disorders in the United States, China, Germany, and internationally. The company offers MyoPro, a myoelectric-controlled upper limb brace or orthosis product used for supporting a patient’s weak or paralyzed arm to enable and improve functional activities of daily living. It also provides the MyoPro 2, including control technology, configuration software and user interface, and pop-out battery for extended use of... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Jun 12, 2017
Employees 106
Stock Exchange NYSEAMERICAN
Ticker Symbol MYO
Full Company Profile

Financial Performance

In 2023, Myomo's revenue was $19.24 million, an increase of 23.70% compared to the previous year's $15.56 million. Losses were -$8.15 million, -24.00% less than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for MYO stock is "Strong Buy." The 12-month stock price forecast is $7.75, which is an increase of 43.32% from the latest price.

Price Target
$7.75
(43.32% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Myomo, Inc. (MYO) Q3 2024 Earnings Call Transcript

Myomo, Inc. (MYO) Q3 2024 Earnings Call Transcript

26 days ago - Seeking Alpha

Myomo Reports Record Third Quarter Financial and Operating Results

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

26 days ago - Business Wire

CMS Decision And O&P Network Build Out Make Myomo A Buy

Myomo's business model is now sustainable due to CMS reclassifying MyoPro, leading to lump sum payments and consistent insurance coverage. Medicare Part B coverage has significantly improved Myomo's o...

27 days ago - Seeking Alpha

Myomo Announces First Private Payer Contracts for MyoPro In-network Coverage

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

4 weeks ago - Business Wire

Myomo to Report Third Quarter Financial Results on November 6, 2024

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

4 weeks ago - Business Wire

Myomo to Participate in the 2024 Maxim Healthcare Virtual Summit

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

7 weeks ago - Business Wire

Myomo, Inc. Announces the Launch of Myomo Academy at AOPA National Assembly

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

2 months ago - Business Wire

Myomo to Participate in Two Investor Conferences in September

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

3 months ago - Business Wire

Myomo, Inc. (MYO) Q2 2024 Earnings Call Transcript

Myomo, Inc. (NYSE:MYO) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Kim Golodetz - LHA Investor Relations Paul Gudonis - Chief Executive Officer Dave Henry - Chief ...

4 months ago - Seeking Alpha

Myomo Reports Second Quarter 2024 Financial Results

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

4 months ago - Business Wire

Myomo to Report Second Quarter Financial Results on August 6, 2024

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

4 months ago - Business Wire

Myomo Reports Preliminary Second Quarter 2024 Revenues and Operating Metrics

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

5 months ago - Business Wire

Myomo to Present at the Sidoti Virtual Investor Conference on June 12-13, 2024

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

6 months ago - Business Wire

Myomo, Inc. (MYO) Q1 2024 Earnings Call Transcript

Myomo, Inc. (NYSE:MYO) Q1 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Kim Golodetz - LHA Investor Relations Paul Gudonis - Chief Executive Officer Dave Henry - Chief Fin...

7 months ago - Seeking Alpha

Myomo Reports First Quarter 2024 Financial Results

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

7 months ago - Business Wire

Myomo Announces First Lump Sum Reimbursements for MyoPros Delivered to Medicare Part B Beneficiaries Under New CMS Fees

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

7 months ago - Business Wire

Myomo to Report First Quarter Financial Results on May 8, 2024

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

7 months ago - Business Wire

Myomo Appoints Heather Getz to its Board of Directors

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) ("Myomo" or the "Company"), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

8 months ago - Business Wire

Myomo's Revolutionary MyoPro Brace: A Buy In Neurological Mobility Aid

Myomo offers revolutionary MyoPro braces that enhance mobility for upper limb disabilities due to various neurological conditions. The company is experiencing a record number of orders, leading to sus...

9 months ago - Seeking Alpha

Myomo, Inc.: In Motion To Accelerating Revenue Growth

Medicare decision created a multi-decade revenue growth opportunity. Soft Q1 guidance due to non-recurring timing issues. 2024 guidance gives only partial-year credit to reimbursement change.

9 months ago - Seeking Alpha

Myomo, Inc. (MYO) Q4 2023 Earnings Call Transcript

Myomo, Inc. (NYSE:MYO) Q4 2023 Earnings Conference Call March 7, 2024 4:30 PM ET

9 months ago - Seeking Alpha

Myomo Reports Fourth Quarter and Full Year 2023 Financial Results

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

9 months ago - Business Wire

CMS Posts Final Medicare DMEPOS Fee Schedule Rate for the MyoPro®

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

9 months ago - Business Wire

Myomo to Report Fourth Quarter Financial Results on March 7, 2024

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

9 months ago - Business Wire

Myomo Announces Closing of $6 Million Registered Direct Offering of Common Stock Priced At-the-Market

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

11 months ago - Business Wire