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Myomo’s Fourth Quarter Financial Results Feature Record Revenue of $12.1 Million

Key Takeaway: Myomo, Inc. reported strong financial results for Q4 2024, with record revenue of $12.1 million and positive cash flow from operations for the first time. The company also noted 233 MyoPro® authorizations and orders, contributing to a growing pipeline. Looking ahead, Myomo projects revenue guidance of $50 million to $53 million for 2025.
Price reaction · baseline $4.29 (2025-03-10T16:04:00.000Z) · hit during market hours · clean, no other MYO news in the window
day 0 close · peak
-2.8%

Market Sentiment Analysis

POSITIVE FACTORS

  • Achieved record revenue of $12.1 million in Q4.
  • Generated first-ever positive quarterly cash flow from operations.
  • Received a record 233 MyoPro® authorizations and orders.

Full Press Release Details

Generated first-ever positive quarterly cash flow from operations
Received a record 233 MyoPro® authorizations and orders with 657 additions to the pipeline
Introduces 2025 revenue guidance of $50 million to $53 million
Conference call being held today at 4:30pm Eastern time
BURLINGTON, Mass. (March 10, 2025) – Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological disorders and upper-limb paralysis, today reported financial results for the three months and year ended December 31, 2024. Read more .

Frequently Asked Questions

What was Myomo's revenue for Q4 2024?

Myomo reported a record revenue of $12.1 million for Q4 2024.

Did Myomo achieve positive cash flow?

Yes, Myomo generated its first-ever positive quarterly cash flow from operations.

How many MyoPro® authorizations did Myomo receive?

Myomo received a record 233 MyoPro® authorizations and orders.

What is Myomo's revenue guidance for 2025?

Myomo's revenue guidance for 2025 is between $50 million and $53 million.

Last updated: Mar 10, 2025