ZYXI - Zynex June and Q2 orders hit all-time high re-affirms Q2 and FY22 guidance

• Zynex ( NASDAQ: ZYXI ) reports that Q2 orders grew 19% Q/Q and 10% Y/Y, over Q2 2021, hitting the highest order total in Company history.
• Cash collections also remained strong during Q2.
• The company re-affirms Q2 revenue guidance of $35M-$38M ( $36.55M consensus ), up 18% Y/Y and adjusted EBITDA between $4M-$6M.
• The Company reiterates its FY22 guidance of $150M to $170M ( $159.38M consensus ) and adjusted EBITDA between $25M and $35M.
• "As the year progresses, we look forward to emphasizing the efficiency of our sales force and expect to see profitable growth with a hyperfocused cohort of reps," said Sandgaard. "Zynex is fostering a high standard of performance within the sales team and anticipates new and existing reps to be able to sell more effectively in the coming quarters."
• Source: Press Release

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