Myomo expects record Q2 revenue $7.2M-$7.4M, up 92-97% sequentially

MYOMO, INC.

2024-Q2 EPS reported -$0.13 revenue$11,275,156

Preliminary Q2 revenue $7.2M-$7.4M, 92-97% sequential increase, highest ever.
Revenue units 155-160, up 70-76% vs Q1's 91 units.
Record pipeline additions ~550, record authorizations/orders ~210.
CMS payments faster than anticipated; now booking Medicare Part B revenue on delivery from July 1.
Exited Q2 with nearly 150 employees; hiring on track.

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