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

Zynex

26/10/2023 22:02

* Zynex Inc  ZYXI.OQ  reported quarterly adjusted earnings
of 10
cents​​ per share for the quarter ended in September. The mean
expectation of three analysts for the quarter was for earnings
of 9 cents per share.
    * Revenue rose 20.2% to $49.92 million from a year ago;
analysts
expected $49.87 million. 
    * Zynex Inc's reported EPS for the quarter was 10 cents​.
    * The mean earnings estimate of analysts had fallen by
about 25.3%
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 11.3% this quarter and
lost 49.0%
so far this year.
    * The company reported quarterly net income of $3.59
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
October 26 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.09           0.10           Beat
 Jun. 30 2023      0.05           0.09           Beat
 Mar. 31 2023      0.01           0.04           Beat
 Dec. 31 2022      0.19           0.20           Beat