2023-07-27 17:05:40 ET
- Zynex press release ( NASDAQ: ZYXI ): Q2 GAAP EPS of $0.09 beats by $0.05 .
- Revenue of $44.95M (+22.3% Y/Y) beats by $0.29M .
- The growth in net revenue is primarily related to a 51% growth in device orders, which resulted from an increased customer base.
- Orders increased 51% year-over-year; highest number of orders in Company history for the 5th consecutive quarter.
- Third quarter 2023 revenue is estimated to be $49-$51 million, an increase of approximately 20% from Q3 2022. Third quarter Diluted EPS is estimated to be $0.08-$0.10.
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Zynex GAAP EPS of $0.09 beats by $0.05, revenue of $44.95M beats by $0.29M