Zynex Announces 2021 First Quarter Earnings
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Zynex, Inc. (ZYXI) Tops Q1 EPS by 1c, Revenues Beat; Offers 2Q & FY21 Revenues Mid-Point Guidance Above Consensus
April 29, 2021 5:09 PM EDTZynex, Inc. (NASDAQ: ZYXI) reported Q1 EPS of ($0.02), $0.01 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $24.1 million versus the consensus estimate of $23.67 million.
2021 First Quarter
Revenue increased 58% year over year to $24.1 million
Orders increased 140%
Net loss of $0.7 million; GAAP loss per share $0.02
Adjusted EBITDA loss $0.4 million
President and CEO Commentary:Thomas Sandgaard, CEO said: "I am excited about our order growth in the first quarter of 140% which will continue to drive increasing revenue throughout 2021 and 2022. In... More
