Zynex Q3 2024 GAAP EPS $0.07 Beats $0.06 Estimate, Sales $49.966M Miss $50.827M Estimate
Portfolio Pulse from Benzinga Newsdesk
Zynex reported Q3 2024 earnings per share of $0.07, surpassing the analyst estimate of $0.06. However, its sales of $49.966 million fell short of the expected $50.827 million, marking a slight increase from last year's $49.915 million.
October 24, 2024 | 8:02 pm
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NEUTRAL IMPACT
Zynex's Q3 2024 earnings per share exceeded expectations, but sales slightly missed estimates. The EPS beat may positively influence investor sentiment, while the sales miss could temper enthusiasm.
Zynex's earnings per share beat expectations, which is typically positive for stock prices. However, the sales miss, albeit slight, could offset some of the positive sentiment. The mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100