Myomo (NYSE:MYO) shares ticked up this morning on fourth-quarter results that topped the consensus forecast. The Boston-based wearable medical robotics company posted losses of -$1.7 million, or -37¢ per share, on sales of $3.8 million for the three months ended Dec. 31, 2020, for a 38.5% bottom-line gain on revenues that were more than doubled […]
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Myomo rises after hours on more than 200% revenue increase
Myomo (NYSE:MYO) shares ticked up after hours today on third-quarter results that topped the consensus forecast. MYO shares were up 15.9% at $5.60 per share after hours. The Cambridge, Mass.-based company posted losses of -$2.8 million, or -70¢ per share, on sales of $1.9 million for the three months ended Sept. 30, 2020, for a slight […]
Myomo names chief medical officer
Myomo (NYSE:MYO) today said it appointed Dr. Harry Kovelman as chief medical officer, effective immediately. Kovelman will be responsible for overseeing the company’s patient advocacy organization. He will work with commercial and government payer organizations to increase patient access to the MyoPro product line. “I’m pleased to welcome Dr. Kovelman to Myomo as we continue to […]
