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Zynex (ZYXI) Company Overview

Profile

Full Name:

Zynex, Inc.

Sector:

Healthcare

Country:

United States

IPO:

February 25, 2004

Indexes:

Not included

Description:

Zynex, Inc. is a manufacturer of medical equipment specializing in electrotherapeutic devices used in pain management, physical rehabilitation, neurological diagnostics, and cardiac monitoring. The company was founded in 1996 and is headquartered in Englewood, Colorado. The company designs, manufactures, and sells its own medical devices through three subsidiaries: Zynex Medical provides products for home use electrotherapy. Zynex Monitoring Solutions develops heart monitoring products for hospital use. Zynex NeuroDiagnostics develops EMG and EEG diagnostic devices for neurological clinics.

Key Details

Price

$7.99

Annual Revenue

$184.32 M(+16.54% YoY)

Annual EPS

$0.27(-38.64% YoY)

Beta

0.93

Events Calendar

Earnings

Next earnings date:

Feb 28, 2025

Recent quarterly earnings:

Oct 24, 2024

Recent annual earnings:

Feb 29, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Jan 5, 2022
Splits

Next split:

N/A

Recent split:

Jan 5, 2022

Analyst ratings

Recent major analysts updates

Dec 6, 24 HC Wainwright & Co.
Buy
Oct 25, 24 HC Wainwright & Co.
Buy
Oct 8, 24 RBC Capital
Outperform
Sep 4, 24 HC Wainwright & Co.
Buy
Jul 26, 24 RBC Capital
Outperform
Jul 26, 24 HC Wainwright & Co.
Buy
Jun 14, 24 RBC Capital
Outperform
May 1, 24 HC Wainwright & Co.
Buy
Mar 1, 24 RBC Capital
Outperform
Mar 1, 24 HC Wainwright & Co.
Buy

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Zynex eyes FDA submission for NiCO oximeter as it expands portfolio of innovative medical devices
Zynex eyes FDA submission for NiCO oximeter as it expands portfolio of innovative medical devices
Zynex eyes FDA submission for NiCO oximeter as it expands portfolio of innovative medical devices
ZYXI
proactiveinvestors.comJanuary 28, 2025

Zynex Inc (NASDAQ:ZYXI) continues to expand its portfolio of innovative, non-invasive medical devices targeting pain management, rehabilitation, and pain monitoring.   The company's flagship NexWave product is a multi-modality electrotherapy device that combines various therapeutic modalities to provide effective pain relief.

Zynex Announces Partnership To Conduct Business with Veterans Affairs (VA) Medical Centers, the Largest Healthcare Network in the United States
Zynex Announces Partnership To Conduct Business with Veterans Affairs (VA) Medical Centers, the Largest Healthcare Network in the United States
Zynex Announces Partnership To Conduct Business with Veterans Affairs (VA) Medical Centers, the Largest Healthcare Network in the United States
ZYXI
prnewswire.comDecember 17, 2024

VA Spending on Hospital and Medical Care Exceeds $112 Billion Annually ENGLEWOOD, Colo. , Dec. 17, 2024 /PRNewswire/ -- Zynex, Inc. (NASDAQ: ZYXI) ("Zynex", "ZMS", "we" or the "Company"), an innovative medical technology company specializing in the manufacture and sale of noninvasive medical devices for pain management, rehabilitation, and patient monitoring, today announced a new partnership to conduct business with Veterans Affairs Medical Centers (VAMCs) across the United States.

Zynex CEO outlines plans for 2025 after revenue milestone – ICYMI
Zynex CEO outlines plans for 2025 after revenue milestone – ICYMI
Zynex CEO outlines plans for 2025 after revenue milestone – ICYMI
ZYXI
proactiveinvestors.comDecember 13, 2024

Zynex Inc (NASDAQ:ZYXI) CEO Thomas Sandgaard spoke with Proactive about the company's 2024 achievements and plans for 2025. Zynex reached $200 million in revenue while staying profitable, thanks to employee dedication and innovative pain management products like braces and cold therapy devices.

Zynex UCSF Study Results Demonstrate Laser Technology Benefits in Resolving Racial Bias of Current LED Pulse Oximeters
Zynex UCSF Study Results Demonstrate Laser Technology Benefits in Resolving Racial Bias of Current LED Pulse Oximeters
Zynex UCSF Study Results Demonstrate Laser Technology Benefits in Resolving Racial Bias of Current LED Pulse Oximeters
ZYXI
prnewswire.comDecember 12, 2024

ENGLEWOOD, Colo. , Dec. 12, 2024 /PRNewswire/ -- Zynex, Inc. (NASDAQ: ZYXI) ("Zynex", "ZMS", "we" or the "Company"), an innovative medical technology company specializing in the manufacture and sale of noninvasive medical devices for pain management, rehabilitation, and patient monitoring, today announced highlights from a recent study comparing its NiCO™ laser pulse oximeter to conventional LED pulse oximeters for the effects of skin pigmentation on SpO2 measurements conducted by the University of California, San Francisco (UCSF) Hypoxia Lab.

ZYXI Stock Gains on the Completion of NiCO's Clinical Verification Trial
ZYXI Stock Gains on the Completion of NiCO's Clinical Verification Trial
ZYXI Stock Gains on the Completion of NiCO's Clinical Verification Trial
ZYXI
zacks.comDecember 9, 2024

Zynex announces the completion of the clinical verification trial of its NiCO pulse oximeter.

Zynex Announces Completion of Its Laser Pulse Oximetry Trial
Zynex Announces Completion of Its Laser Pulse Oximetry Trial
Zynex Announces Completion of Its Laser Pulse Oximetry Trial
ZYXI
prnewswire.comDecember 5, 2024

ENGLEWOOD, Colo. , Dec. 5, 2024 /PRNewswire/ -- Zynex, Inc. (NASDAQ: ZYXI) ("Zynex", "ZMS", "we" or the "Company"), an innovative medical technology company specializing in the manufacture and sale of noninvasive medical devices for pain management, rehabilitation, and patient monitoring, today announced that it has completed its clinical verification trial for their NiCO™ pulse oximeter overseen by anesthesiologist Dr. David MacLeod at Duke University.

Zynex Announces Open Oximetry Project Membership
Zynex Announces Open Oximetry Project Membership
Zynex Announces Open Oximetry Project Membership
ZYXI
prnewswire.comDecember 3, 2024

ENGLEWOOD, Colo. , Dec. 3, 2024 /PRNewswire/ -- Zynex, Inc. (NASDAQ: ZYXI) ("Zynex", "ZMS", "we" or the "Company"), an innovative medical technology company specializing in the manufacture and sale of noninvasive medical devices for pain management, rehabilitation, and patient monitoring, today announced its membership in the Collaborative Community of the independently led Open Oximetry Project as an industry member.

Zynex leverages multi-modality NexWave device to transform pain management
Zynex leverages multi-modality NexWave device to transform pain management
Zynex leverages multi-modality NexWave device to transform pain management
ZYXI
proactiveinvestors.comNovember 26, 2024

Zynex Inc (NASDAQ:ZYXI) holds a competitive niche in the pain management market, benefiting from its focus on non-invasive, reimbursable solutions. While the company has successfully capitalized on the growing demand for non-opioid therapies, staying ahead will depend on its ability to innovate and adapt to a rapidly evolving medical device landscape.

Zynex Inc. (ZYXI) Tops Q3 Earnings Estimates
Zynex Inc. (ZYXI) Tops Q3 Earnings Estimates
Zynex Inc. (ZYXI) Tops Q3 Earnings Estimates
ZYXI
zacks.comOctober 24, 2024

Zynex Inc. (ZYXI) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.10 per share a year ago.

Zynex sees pain management orders increase in Q3 following FDA approval
Zynex sees pain management orders increase in Q3 following FDA approval
Zynex sees pain management orders increase in Q3 following FDA approval
ZYXI
proactiveinvestors.comOctober 24, 2024

Zynex Inc (NASDAQ:ZYXI) announced its third-quarter 2024 financial and operational results highlighted by a 13% year-over-year increase in orders. The pain management device company reported net revenue of $50 million for the quarter ended September 30, 2024, up slightly from $49.9 million in the prior-year period.

FAQ

  • What is the ticker symbol for Zynex?
  • Does Zynex pay dividends?
  • What sector is Zynex in?
  • What industry is Zynex in?
  • What country is Zynex based in?
  • When did Zynex go public?
  • Is Zynex in the S&P 500?
  • Is Zynex in the NASDAQ 100?
  • Is Zynex in the Dow Jones?
  • When was Zynex's last earnings report?
  • When does Zynex report earnings?
  • Should I buy Zynex stock now?

What is the ticker symbol for Zynex?

The ticker symbol for Zynex is NASDAQ:ZYXI

Does Zynex pay dividends?

No, Zynex does not pay dividends

What sector is Zynex in?

Zynex is in the Healthcare sector

What industry is Zynex in?

Zynex is in the Medical Distribution industry

What country is Zynex based in?

Zynex is headquartered in United States

When did Zynex go public?

Zynex's initial public offering (IPO) was on February 25, 2004

Is Zynex in the S&P 500?

No, Zynex is not included in the S&P 500 index

Is Zynex in the NASDAQ 100?

No, Zynex is not included in the NASDAQ 100 index

Is Zynex in the Dow Jones?

No, Zynex is not included in the Dow Jones index

When was Zynex's last earnings report?

Zynex's most recent earnings report was on Oct 24, 2024

When does Zynex report earnings?

The next expected earnings date for Zynex is Feb 28, 2025

Should I buy Zynex stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions