Myomo (AMEX:MYO) reported its Q1 earnings results on Wednesday, May 11, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Myomo beat estimated earnings by 22.64%, reporting an EPS of $-0.41 versus an estimate of $-0.53.
Revenue was up $1.53 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 41.35% drop in the share price the next day.
Here's a look at Myomo's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.49 | -0.46 | -0.60 | -0.66 |
| EPS Actual | -0.52 | -0.36 | -0.46 | -0.57 |
| Revenue Estimate | 2.98M | 3.17M | 2.10M | 1.76M |
| Revenue Actual | 4.03M | 4.38M | 3.10M | 2.34M |
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.
