earnings
confidence high
sentiment negative
materiality 0.85
Zynex Q2 revenue plunges 55% to $22.3M, net loss $20M; suspends guidance, appoints new CEO
ZYNEX INC
2025-Q2 EPS reported
-$0.98
revenue$48,868,000
- Revenue $22.3M (down 55% YoY); net loss $20.0M ($0.66 per share) vs net income $1.2M in Q2 2024.
- Adjusted EBITDA loss $8.9M vs $3.5M prior year; gross margin fell to 68% from 80%.
- Cash collections $26.1M; operating cash flow deficit ($6.2M) in Q2, cash $17.5M at June 30.
- Appointed Steven Dyson as new CEO; current CEO retiring, CFO departing; guidance suspended pending review.
- Submitted NiCO laser pulse oximeter to FDA; annualized cost savings of ~$40M targeted from Q3/Q4.
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