NASDAQ:ZYXI   Zynex, Inc
Zynex , Inc. (NASDAQ:ZYXI) Q4 2020 Results Earnings Conference Call February 25

#My name is Thomas Sandgaard, President and CEO of Zynex . Welcome to our 2020 fourth quarter and full-year earnings call.

I'm excited to announce yet another quarter of revenue growth and positive net income. Our fourth quarter revenue of $25.6 million increased 81% compared to the same quarter last year. It was also the highest quarterly revenue in the history of the company.

It was our 18th straight quarter with positive net income and fully diluted earnings per share was $0. 05 . Adjusted EBITDA for the fourth quarter was $3.4 million as we continue to invest in growing our salesforce.

We continue to see good order flow as we push through obstacles related to COVID-19 pandemic. Fourth quarter orders came in 117% higher than the fourth quarter of last year, and 45% sequentially compared to Q3. For the full year, orders grew 96% compared to 2019, a solid result in the middle of a pandemic.#

The value of shares, taking into account the growth of revenue and profits, in 2021 may grow by 50-100%.

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