Skip to content

Myomo Reports 21% Revenue Growth to $11.7 Million in Q2 2026

Published on · Source: finance.yahoo.com

Myomo Reports 21% Revenue Growth to $11.7 Million in Q2 2026

AI Summary

Summarized by AI from the source below

Myomo (NYSEAMERICAN:MYO) reported Q2 2026 revenue of $11.7 million, a 21% increase from the previous year. The company achieved a gross margin of 72.1% and narrowed its operating loss to $2.3 million. Myomo's strategy shift resulted in recurring referral sources generating 53% of revenue, up from 26% a year earlier. Full-year 2026 revenue guidance was raised to $45 million–$47 million, reflecting positive momentum and increased orders, which totaled a record 255. This is important for investors as it indicates growth potential and management's confidence in future earnings.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

Share:

Get the weekly market brief

One email every Monday: what moved, why, and what to watch. Free, unsubscribe anytime.

Get stories like this as they break

Our Telegram channel posts every market story the moment it is published. Free, and you can mute or leave anytime.