Zynex Announces 2020 Fourth Quarter and Full Year Earnings
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Zynex, Inc. (ZYXI) Misses Q4 EPS by 1c; Offers 1Q & FY21 Revenue Outlook
February 25, 2021 4:40 PM ESTZynex, Inc. (NASDAQ: ZYXI) reported Q4 EPS of $0.05, $0.01 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $25.61 million versus the consensus estimate of $25.8 million.
2020 Fourth Quarter
Revenue increased 81% year over year to $25.6 millionOrders increased 117%Net income of $1.8 million; Diluted EPS $0.05Adjusted EBITDA $3.4 millionPresident and CEO Commentary:Thomas Sandgaard, CEO said: "I am excited to announce our eighteenth consecutive quarter of positive net income. In the fourth quarter, we posted revenue of $25.6 million, which is the highest quarterly revenue in the history of... More
