Zynex Inc reports results for the quarter ended in June - Earnings Summary

Zynex

28/07/2022 22:02

* Zynex Inc  ZYXI.OQ  reported quarterly adjusted earnings
of 8
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
7 cents per share.
    * Revenue rose 18.5% to $36.76 million from a year ago;
analysts
expected $36.30 million. 
    * Zynex Inc's reported EPS for the quarter was 8 cents​.
    * The mean earnings estimate of analysts had fallen by
about 25.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Zynex Inc shares had fallen by 5.1% this quarter and
lost 15.6%
so far this year.
    * The company reported quarterly net income of $3.35
million.
    * Wall Street's median 12-month price target for Zynex Inc
is
$20.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 28
at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.07           0.08           Beat
 Mar. 31 2022      0.05           0.03           Missed
 Dec. 31 2021      0.20           0.23           Beat
 Sep. 30 2021      0.11           0.15           Beat