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

Zynex

27/04/2023 22:02

* Zynex Inc  ZYXI.OQ  reported quarterly adjusted earnings
of 4
cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of one cent per share.
    * Revenue rose 35.7% to $42.17 million from a year ago;
analysts
expected $39.61 million. 
    * Zynex Inc's reported EPS for the quarter was 4 cents​.
    * The mean earnings estimate of analysts had fallen by
about 68.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Zynex Inc shares had fallen by 7.0% this quarter and
lost 19.8%
so far this year.
    * The company reported quarterly net income of $1.57
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," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 27 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.01           0.04           Beat
 Dec. 31 2022      0.19           0.20           Beat
 Sep. 30 2022      0.12           0.13           Beat
 Jun. 30 2022      0.07           0.08           Beat