The highly anticipated financial results for the third quarter of Myomo (NYSE AMERICAN: MYO) are scheduled to be disclosed on Wednesday 6th November 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.
the establishment is projected to announce an estimated per share $0.04 loss for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $8.11 million for this period.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share loss of $0.06. This significant amount was the outcome of the company's total revenue, which reached an impressive $5.08 million during that particular timeframe.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $29.18 million. At the same time, the earnings per share for the company are also anticipated to reach loss of $0.19 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $-0.03 | +25.0% | 7.52 M | +26.2% |
| Q1 2024 | $-0.10 | +9.1% | 3.75 M | +8.9% |
| Q4 2023 | $-0.07 | +75.9% | 4.76 M | +17.7% |
| Q3 2023 | $-0.06 | +85.0% | 5.08 M | +28.0% |
| Q2 2023 | $-0.04 | +90.5% | 5.96 M | +62.0% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 6th November 2024 at 04:30 PM eastern time to review the Q3 2024 financial results.
The previous trading day saw Myomo (MYO) shares trading between $3.67 and $3.83, besides a volume of 128.00 thousand shares. The stock closed Friday's regular trading session at $3.74, showing 2.19 percent gain.
