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home / news releases / ZYXI - Zynex sees Q1 rev below consensus


ZYXI - Zynex sees Q1 rev below consensus

Zynex (NASDAQ:ZYXI) has reported prelim Q1 revenues of $30.5M to $31.5M (consensus: $32.33M) and adj. EBITDA of $3M - $4M. The revenue estimate is ~26% higher than Q121 and adjusted EBITDA is estimated to increase ~900% Y/Y. The pain management division saw Q1 order growth of 3% Y/Y. March 2022 reflected the highest number of orders in the company's history. The medical technology firm reiterated its FY22 guidance of $150M to $170M (consensus: $162.82M) in revenue and adj. EBITDA between $25M and $35M.

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Zynex sees Q1 rev below consensus
Stock Information

Company Name: Zynex Inc.
Stock Symbol: ZYXI
Market: NASDAQ
Website: zynex.com

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