May 08, 2025 (PRISM News via COMTEX) --
Myomo Slides 29% Despite Record Revenue and Pipeline Growth
Myomo Inc. (NYSE: MYO) dropped 29.34%, leading the PRISM Emerging MedDevices Index, following the release of its Q1 2025 financial results. The company reported a 162% year-over-year increase in revenue to $9.8 million, with 182 MyoPro units recognized--nearly double the prior-year figure. Gross margin improved to 67.2%, and a record 700 new patients were added to the pipeline, a 42% increase. Medicare Part B accounted for 59% of total revenue, and average selling price rose 31% year-over-year.
Despite the revenue growth, the company faced pressure from a 31% increase in cost per pipeline add, disruptions in lead generation due to social media algorithm changes, and a 9% decline in backlog. Operating expenses rose 64% year-over-year, driven by higher payroll, engineering, and advertising costs. First-quarter operating loss remained at $3.5 million, and Myomo expects Q2 revenue to slightly decline sequentially before growth resumes in the second half of 2025.
DHI Group Surges 31% on Q1 Results and 2025 Guidance Reaffirmation
DHI Group, Inc. (DHX) jumped 30.88% and led the PRISM Emerging NextGen Tech & AI Index after announcing Q1 2025 revenue of $32.3 million, in line with expectations. While Dice segment bookings declined 20% year-over-year, ClearanceJobs revenue grew 3% and reached 43% adjusted EBITDA margin. The company emphasized positive early trends in tech hiring demand and noted that platform engagement remained stable quarter-over-quarter. DHI reaffirmed its full-year revenue guidance of $131-$135 million and forecast Q2 revenue of $32-$33 million.
Other PRISM Mid-Day Movers:
- Palatin Technologies Inc. (PTN): -43.35%
- BlackSky Technology Inc. (BKSY): +24.03%
- Delcath Systems, Inc. (DCTH): +24.46%
- electroCore, Inc. (ECOR): +24.23%
The post PRISM Mid-Day Movers: Earnings Reactions for MedDevices and NextGen Tech & AI Indices Diverge appeared first on PRISM MarketView.
COMTEX_465303122/2927/2025-05-08T14:00:50
