Medtech Zynex's Q2 revenue falls more than expected, names new CEO, suspends forecast

Reuters
Yesterday
Medtech Zynex's <a href="https://laohu8.com/S/QTWO">Q2</a> revenue falls more than expected, names new CEO, suspends forecast

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/Miss

Actual

Consensus Estimate

Q2 Revenue

Miss

$22.30 mln

$27.40 mln (3 Analysts)

Q2 EPS

-$0.66

Q2 Net Income

-$20 mln

Q2 Adjusted EBITDA

-$8.90 mln

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 is $6.00, about 58.5% above its July 30 closing price of $2.49

Press Release: ID:nPn5CVS51a

(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.)

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