Movano Health Provides Business Update and Reports Fourth Quarter 2022 Financial Results
PLEASANTON, Calif., March 20, 2023 /PRNewswire/ -- Today, Movano Health (Nasdaq: MOVE), a purpose-driven healthcare solutions company at the intersection of medical and consumer devices and makers of the Evie Ring, reported financial results for the three months and year ending December 31, 2022 and provided a business update.
- Key highlights from the fourth quarter and recent weeks include:
Movano Health continues to progress toward the summer 2023 launch of its first commercial product, the Evie Ring. - Movano Health details more information on the key highlights from the fourth quarter and recent weeks below:
Movano Health continues to progress toward the summer 2023 launch of its first commercial product, the Evie Ring. - The Company reported an operating loss of $8.0 million in the fourth quarter of 2022 compared to an operating loss of $6.3 million in the fourth quarter of 2021.
- As such, the Company did not generate revenue in either the fourth quarter of 2022 or the fourth quarter of 2021.