Zynex Announces Third Quarter 2020 Earnings
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Zynex, Inc. (ZYXI) Misses Q3 EPS by 1c, Revenues Miss; Offers 4Q & FY20 Revenue Outlook
October 27, 2020 4:41 PM EDTZynex, Inc. (NASDAQ: ZYXI) reported Q3 EPS of $0.04, $0.01 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $20 million versus the consensus estimate of $21.13 million.
Revenue increased 69% year over year to $20.0 millionOrders increased 96%Net income of $1.3 million; Diluted EPS $0.04Adjusted EBITDA $2.4 millionPresident and CEO Commentary:
Thomas Sandgaard, CEO said: "I am excited to announce our seventeenth consecutive quarter of positive net income. In the third quarter, we posted revenue of $20.0 million, which is the highest quarterly revenue in the history of the... More
