Zynex, Inc. (ZYXI) Misses Q2 EPS by 4c, Misses on Revenue; Offers FY24 Guidance

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Zynex Inc. (ZYXI) PT Lowered to $16 at H.C. Wainwright

July 26, 2024 6:48 AM EDT

H.C. Wainwright analyst Yi Chen lowered the price target on Zynex Inc. (NASDAQ: ZYXI) to $16.00 (from $21.00) while maintaining a Buy rating.

The analyst comments "Top and bottom-line miss in 2Q24; full-year 2024 guidance lowered. Yesterday, Zynex reported its 2Q24 financial results. Total revenue was $49.9M, representing 11% YoY growth yet missing our... More