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

Zynex

27/07/2023 22:02

* Zynex Inc  ZYXI.OQ  reported quarterly adjusted earnings
of 9
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
5 cents per share.
    * Revenue rose 22.3% to $44.95 million from a year ago;
analysts
expected $44.66 million. 
    * Zynex Inc's reported EPS for the quarter was 9 cents​.
    * The mean earnings estimate of analysts had fallen by
about 35.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Zynex Inc shares had fallen by 0.2% this quarter and
lost 31.2%
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
$24.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.05           0.09           Beat
 Mar. 31 2023      0.01           0.04           Beat
 Dec. 31 2022      0.19           0.20           Beat
 Sep. 30 2022      0.12           0.13           Beat