ZYXI - Zynex announces $10M buyback program

Zynex ([[ZYXI]] +4.4%) says it has received board approval to repurchase $10M of shares through expiry of Sep. 8, 2021."We believe that the current market value of our shares does not accurately reflect the underlying value of the Company and the buyback program represents an attractive opportunity to deploy capital in a way that will benefit stockholders," said President and CEO Thomas Sandgaard. The company expects to finance the purchases with existing cash balances, which is not expected to have a material impact on capital levels.Previously (Feb. 25): Zynex EPS misses by $0.01, misses on revenue

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Zynex announces $10M buyback program