financetom
Business
financetom
/
Business
/
Medtech Zynex's Q2 revenue falls more than expected, names new CEO, suspends forecast
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Medtech Zynex's Q2 revenue falls more than expected, names new CEO, suspends forecast
Jul 31, 2025 1:47 PM

Overview

* Zynex Q2 2025 revenue falls 55% yr/yr, missing analyst expectations, per LSEG data

* Net loss widens to $20 mln, or $0.66 per share, in Q2 2025

* Co appoints Steven Dyson as new CEO, aims for strategic refocus

Outlook

* Company suspends revenue and profitability guidance due to leadership changes

* New CEO to review forecasting procedures and update investors

* Company expects $40 mln annualized savings to take effect in Q3 and Q4

Result Drivers

* REVENUE DECLINE - Revenue impacted by Tricare payment suspension and changes to shipment and billing procedures

* FDA SUBMISSION - NiCO laser pulse oximeter submitted to FDA, marking a milestone in product development

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $22.30 $27.40

Revenue mln mln (3

Analysts

)

Q2 EPS -$0.66

Q2 Net -$20 mln

Income

Q2 -$8.90

Adjusted mln

EBITDA

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the advanced medical equipment & technology peer group is "buy."

* Wall Street's median 12-month price target for Zynex Inc ( ZYXI ) is $6.00, about 58.5% above its July 30 closing price of $2.49

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Bombay HC permits industrialist Yash Birla to travel to UK, Egypt
Bombay HC permits industrialist Yash Birla to travel to UK, Egypt
May 30, 2023
The court, while granting Birla permission to travel only to Egypt and UK, noted that he has travelled and returned to India on many occasions and has complied with all the conditions imposed on him.
Inter-state transmission fee waiver likely to boost renewable energy expansion, says InoxGFL
Inter-state transmission fee waiver likely to boost renewable energy expansion, says InoxGFL
May 30, 2023
In an interview with CNBC-TV18, Devansh Jain, the Executive Director of InoxGFL Group, expressed his optimism regarding the long-term transmission fee waiver. Jain believes that this will have a positive impact on transmission charges and pave the way for a brighter future for the industry. While the immediate effects may not be noticeable, he expects significant developments within the next 24 months.
Mazagon Dock Shipbuilders Q4 earnings: Stellar performance, exceeds own guidance
Mazagon Dock Shipbuilders Q4 earnings: Stellar performance, exceeds own guidance
May 30, 2023
The company clocked 37 percent growth in revenues for full year FY23, exceeding its own guidance of 25 percent. Net profits for full year grew to Rs 1,119 crore compared with Rs 611 crore in the same quarter of last year.
PE deals: Five deals in five months take total tally to $1.34 billion so far in 2023
PE deals: Five deals in five months take total tally to $1.34 billion so far in 2023
May 29, 2023
The latest transaction has taken the number of PE deals for the first five months of the year to five, against six such deals during the same period last year. According to data from Grant Thornton Bharat, the average deal size for the year so far stood at $268 million, against $784 million for the same period last year.
Copyright 2023-2026 - www.financetom.com All Rights Reserved