Zynex Q2 EPS $0.04 Misses $0.08 Estimate, Sales $49.88M Miss $52.09M Estimate
Portfolio Pulse from totan@benzinga.com
Zynex (NASDAQ:ZYXI) reported Q2 earnings of $0.04 per share, missing the analyst estimate of $0.08. Sales were $49.88M, below the $52.09M estimate. EPS decreased by 55.56% YoY, while sales increased by 10.97% YoY.
July 25, 2024 | 8:07 pm
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NEGATIVE IMPACT
Zynex reported Q2 earnings of $0.04 per share, missing the analyst estimate of $0.08. Sales were $49.88M, below the $52.09M estimate. EPS decreased by 55.56% YoY, while sales increased by 10.97% YoY.
Zynex's Q2 earnings and sales both missed analyst estimates, which is likely to negatively impact the stock price in the short term. The significant YoY decrease in EPS further adds to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100