Zynex, Inc. (ZYXI) provides medical devices to treat chronic and acute pain; and activate and exercise muscles for rehabilitative purposes. Despite a cyclical slowdown, the company posted a 35.7% year-over-year increase in its total net revenue in the first quarter.
For the second quarter, the company expects its revenue to be between $43.5 million and $45.5 million, indicating an increase of approximately 21% from the prior-year quarter. Its second-quarter EPS is estimated to range between $0.03 and $0.07. For 2023, ZYXI expects its revenue to come in between $180 million and $200 million and EPS to be between $0.40 and $0.50.
