Zynex Expects Q3 Revenue To Be At Least $50M (Est $60.23M), EPS To Be At Least $0.05 (Est $0.16)
Portfolio Pulse from Benzinga Newsdesk
Zynex Inc. has announced that it expects its Q3 revenue to be at least $50 million, which is below the estimated $60.23 million. Additionally, the company expects its EPS to be at least $0.05, also below the estimated $0.16.
July 25, 2024 | 8:43 pm
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Zynex Inc. has provided guidance for Q3 revenue and EPS that are both below market expectations. This could lead to a negative short-term impact on the stock price.
The company's guidance for Q3 revenue and EPS being below market expectations is likely to disappoint investors, leading to a potential decline in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100