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

1. Myomo reported its 2024 Q4 financial results, indicating performance changes. 2. The company continues to focus on wearable robotics for neurological disorders.

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Why Bullish?

Positive financial results can boost investor confidence and stock valuation. Historical examples show that earnings beats typically lead to upward price momentum.

How important is it?

Earnings reports directly affect stock prices and indicate overall business health. Investors prioritize this information for future projections.

Why Short Term?

Immediate investor reactions will be based on the financial results. Past quarterly reports have shown that early impacts often occur within days of release.

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BURLINGTON, Mass.--(BUSINESS WIRE)--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. Financial and operating highlights for the fourth quarter of 2024 include the following (all comparisons are with the fourth quarter of 2023 unless otherwise indicated).

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