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ZYNEX INC - $ZYXI STOCK NEWS

Welcome to our dedicated page for ZYNEX news (Ticker: $ZYXI), a resource for investors and traders seeking the latest updates and insights on ZYNEX stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ZYNEX's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ZYNEX's position in the market.

Rhea-AI Summary

Zynex, Inc. (NASDAQ: ZYXI) has announced that two of its executives, Anna Lucsok, Chief Operating Officer, and Steve Fox, Vice President of Sales, have been recognized among the Top 25 Medical Device Executives by The Healthcare Technology Report. This recognition showcases the high caliber of talent within Zynex, emphasizing their expertise in managing product portfolios and leading departments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.86%
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none
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Rhea-AI Summary

Zynex, Inc. (NASDAQ: ZYXI) reported Q1 2024 revenue of $46.5 million, a 10% increase. Despite revenue underperformance due to delayed payments from insurers post a cyber incident, Zynex remains confident in its full-year revenue forecast. The company saw a net income of $10,000 and repurchased $13.4 million of common stock. New FDA approvals, product launches, and revenue diversification through therapy products show promising growth prospects for Zynex in 2024.

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Rhea-AI Sentiment
End-of-Day
7.29%
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Rhea-AI Summary
Zynex, Inc. (NASDAQ: ZYXI) will host an earnings call on April 30, 2024, to discuss its financial results for the first quarter of 2024. The call will cover the company's performance in manufacturing and selling non-invasive medical devices for pain management, rehabilitation, and patient monitoring.
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Rhea-AI Sentiment
End-of-Day
-5.14%
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Rhea-AI Summary
Zynex, Inc. (NASDAQ: ZYXI) has been awarded the prestigious 2024 Top Workplaces USA award, highlighting their commitment to a people-first workplace culture. The company's dedication to excellence and collaboration has led to this national recognition, showcasing their exceptional workplace environment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
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none
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Rhea-AI Summary
Zynex Inc. reports a 17% increase in FY 2023 revenue to $184.3 million, announces a $20 million stock repurchase plan. The company achieved record orders, increased cash flow, and net income amidst a challenging Q4. Management expects solid growth in 2024 through new products and revenue streams.
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Rhea-AI Sentiment
End-of-Day
-9.29%
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Rhea-AI Summary
Zynex, Inc. (ZYXI) will host a conference call on February 29, 2024, to discuss its financial results for Q4 and full year 2023. The company specializes in non-invasive medical devices for pain management and rehabilitation.
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Rhea-AI Sentiment
End-of-Day
1.26%
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News
Rhea-AI Summary
Zynex, Inc. (ZYXI) launches two new therapy products, the Zynex Pro Hybrid LSO and Zynex DynaComp Cold Compression, aimed at pain management and rehabilitation. The innovative devices offer versatile solutions for individual patient needs, combining comfort, support, and portability for faster recovery and enhanced daily activities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.94%
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Rhea-AI Summary
Zynex, Inc. receives FDA clearance for the next generation M-Wave Neuromuscular Electrical Stimulation device, replacing the E-Wave. The M-Wave aims to improve patient management of neuromuscular conditions with advanced features and user-friendly design, allowing for customizable treatments in clinical and home settings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.62%
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Rhea-AI Summary
Zynex, Inc. (NASDAQ: ZYXI) has been recognized as 9th amongst the Top 25 Medical Device Companies for 2024 by The Healthcare Technology Report. The company specializes in non-invasive medical devices for pain management, rehabilitation, and patient monitoring. CEO Thomas Sandgaard expressed his pleasure at the recognition, emphasizing the company's influence and success in the medical device space.
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Rhea-AI Sentiment
End-of-Day
0.17%
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Rhea-AI Summary
Zynex, Inc. (NASDAQ: ZYXI) to participate in Needham Annual Growth Conference, offering innovative medical technology for pain management and patient monitoring.
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Rhea-AI Sentiment
End-of-Day
2.87%
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conferences
ZYNEX INC

Nasdaq:ZYXI

ZYXI Rankings

ZYXI Stock Data

347.62M
15.72M
51.14%
31.25%
18%
Surgical and Medical Instrument Manufacturing
Manufacturing
Link
United States of America
ENGLEWOOD

About ZYXI

zynex, inc. founded in 1996, engineers, manufactures and markets neuro-diagnostics, stroke rehabilitation, pain management and cardiac monitoring devices within three subsidiaries. zynex medical is a provider of electrotherapy products for home use. zynex monitoring solutions develops products for cardiac monitoring for use in hospitals. zynex neurodiagnostics develops devices for emg and eeg diagnostic applications within neurology disciplines. zynex medical's product line is fully developed, fda/ce cleared, commercially sold, and has been developed to uphold the company's mission of improving the quality of life for patients suffering from impaired mobility due to stroke, spinal cord injury, or debilitating and chronic pain. zynex monitoring solutions and zynex neurodiagnostics are currently both in the development stages without any significant revenues.