ZYXI - Zynex EPS beats by $0.01 beats on revenue; outlook

Zynex (ZYXI): Q1 GAAP EPS of -$0.02 beats by $0.01.Revenue of $24.1M (+58.2% Y/Y) beats by $0.43M.Outlook: The estimated range for second quarter revenue is between $31.0 and $32.5 million with Adjusted EBITDA between $3.0 and $4.0 million. The revenue estimate is approximately 61% to 69% above 2020 second quarter revenue of $19.3 million. Full year 2021 revenue is estimated between $135.0 and $150.0 million with Adjusted EBITDA between $15.0 and $25.0 million. The full year revenue estimate is approximately 68% to 87% above 2020 revenue of $80.1 million. We expect profitability to continually ramp throughout the year to meet our Adjusted EBITDA forecast of $15 to $25 million for 2021.Press Release

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Zynex EPS beats by $0.01, beats on revenue; outlook