Zynex Announces 2020 First Quarter Earnings
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Zynex, Inc. (ZYXI) Tops Q1 EPS by 3c, Revenues Beat; Offers 2Q Revenues Guidance Above Consensus
April 28, 2020 4:14 PM EDTZynex, Inc. (NASDAQ: ZYXI) reported Q1 EPS of $0.09, $0.03 better than the analyst estimate of $0.06. Revenue for the quarter came in at $15.2 million versus the consensus estimate of $14.57 million.
President and CEO Commentary:
Thomas Sandgaard, CEO said: "I am excited to announce our fifteenth consecutive quarter of positive net income. In the first quarter, we posted revenue of $15.2 million, which is the highest quarterly revenue in the history of the Company and net income of $2.9 million. Orders grew 126% compared to the first quarter of 2019.
We were able to generate $0.6 million in cash from... More
