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home / news releases / ZYXI - Zynex reports record order growth in Q3 reaffirms guidance

ZYXI - Zynex reports record order growth in Q3 reaffirms guidance

Zynex Inc.

  • Zynex ( NASDAQ: ZYXI ) on Tuesday reported record order growth in Q3 and reiterated its guidance.
  • Q3 orders increased 34% Y/Y and 12% sequentially.
  • "Aug. and Sept. saw the highest number of monthly orders in ZYXI's history. Additionally, cash collections remained strong during the quarter, enabling us to complete the $10M stock buyback program," said ZYXI CEO Thomas Sandgaard.
  • ZYXI reiterated its guidance for Q3 revenue of $40M-$43M and adj. EBITDA of $7M-$9M.
  • The firm also maintained its guidance for 2022 revenue of $150M-$170M and adj. EBITDA of $25M-$35M.

For further details see:

Zynex reports record order growth in Q3, reaffirms guidance
Stock Information
Company Name: Zynex Inc.
Stock Symbol: ZYXI
Market: NASDAQ
Website: zynex.com
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