earnings
confidence high
sentiment positive
materiality 0.70
iRadimed reports record Q2 revenue of $12.7M; GAAP EPS $0.26; full-year guidance raised
IRADIMED CORP
2022-Q2 EPS reported
$0.45
revenue$25,032,279
- Q2 revenue $12.7M vs $9.8M YoY (+30%); GAAP diluted EPS $0.26 vs $0.12; non-GAAP EPS $0.26.
- Q3 2022 guidance: revenue $13.1-13.3M, GAAP EPS $0.21-0.24, non-GAAP EPS $0.22-0.25.
- Full-year 2022 guidance raised: revenue $52.5-53.2M (from $51.4-52.2M), GAAP EPS $0.89-0.95 (from $0.82-0.90), non-GAAP EPS $0.96-1.03.
- Gross margin improved to 79.7% from 76.2%; domestic sales 85% of revenue.
- Q2 cash from operations $1.6M vs $3.6M YoY; orders exceeded shipments building backlog.