Zynex Announces 2019 Fourth Quarter and Full Year Earnings

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Zynex, Inc. (ZYXI) Tops Q4 EPS by 1c, Revenues Beat; Offers Q1 & FY20 Revenue Guidance Above Consensus

February 27, 2020 4:50 PM EST

Zynex, Inc. (NASDAQ: ZYXI) reported Q4 EPS of $0.09, $0.01 better than the analyst estimate of $0.08. Revenue for the quarter came in at $14.2 million versus the consensus estimate of $13.77 million.

2019 Fourth Quarter

Revenue increased 52% year over year to $14.2 millionOrders increased 129%Net income of $2.9 million; Diluted EPS $0.09Adjusted EBITDA increased 30% to $4.1 millionFourteenth consecutive quarter of positive net income

Thomas Sandgaard, CEO said: "In the fourth quarter, we posted revenue of $14.2... More