Myomo, Inc. provided revenue guidance for the second quarter ended June 30, 2024. Revenues for the second quarter of 2024 are expected to be $7.2 million to $7.4 million, the highest quarterly revenues in the company's history. This is up 92% to 97% over the first quarter of 2024, and compares with the company's previous expectation for second quarter revenues to be at least $5.0 million.
Revenue units are expected to be between 155 and 160 in the second quarter of 2024, an increase of 70% to 76% compared with 91 revenue units in the first quarter of 2024.