Myomo Inc
AMEX:MYO
Operating Margin
Myomo Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
M
|
Myomo Inc
AMEX:MYO
|
117.6m USD |
-19%
|
|
| US |
|
Abbott Laboratories
NYSE:ABT
|
234.1B USD |
17%
|
|
| US |
|
Intuitive Surgical Inc
NASDAQ:ISRG
|
197.8B USD |
28%
|
|
| US |
|
Boston Scientific Corp
NYSE:BSX
|
157.3B USD |
19%
|
|
| US |
|
Stryker Corp
NYSE:SYK
|
148.7B USD |
22%
|
|
| IE |
|
Medtronic PLC
NYSE:MDT
|
111B USD |
19%
|
|
| DE |
|
Siemens Healthineers AG
XETRA:SHL
|
55B EUR |
14%
|
|
| US |
|
Becton Dickinson and Co
NYSE:BDX
|
50.7B USD |
13%
|
|
| US |
|
Edwards Lifesciences Corp
NYSE:EW
|
46.1B USD |
28%
|
|
| US |
|
IDEXX Laboratories Inc
NASDAQ:IDXX
|
41.8B USD |
29%
|
|
| CN |
|
Shenzhen Mindray Bio-Medical Electronics Co Ltd
SZSE:300760
|
271.2B CNY |
34%
|
Myomo Inc
Glance View
Myomo, Inc. is a medical robotics company that develops, designs, and produces myoelectric orthotics for people with neuromuscular disorders. The company is headquartered in Boston, Massachusetts and currently employs 100 full-time employees. The company went IPO on 2017-06-12. The firm offers functional improvement for those with neuromuscular disorders and upper limb paralysis. The firm develops and markets the MyoPro product line. The MyoPro is a myoelectric-controlled upper limb brace (orthosis). The orthosis is a rigid brace used for the purpose of supporting a patient’s weak or paralyzed arm to enable and help improve functional activities of daily living (ADLs), in the home and community. The MyoPro can enable individuals to self-initiate and control movements of a partially paralyzed or weakened limb using their own muscle signals. The Company’s products are designed to help improve function in adults and adolescents with neuromuscular conditions due to brachial plexus injury, stroke, traumatic brain injury, spinal cord injury and other neurological disorders. The company primarily provides devices directly to patients and bills their insurance companies.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Myomo Inc's most recent financial statements, the company has Operating Margin of -19.1%.
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