8-K
filed May 4, 2023, 7:59 PM ET
ticker IRTC
CIK 0001388658
earnings
confidence high
sentiment positive
materiality 0.80
iRhythm reports Q1 revenue $111.4M (+20.6% YoY); updates FY2023 guidance to $480-$490M
iRhythm Holdings, Inc.
2023-Q1 EPS reported
-$1.29
revenue$111,436,000
- Revenue $111.4M (+20.6% YoY); gross margin 67.9%, up 100 bps from 66.9%.
- Net loss $39.1M ($1.29 loss per share) vs $50.6M ($1.71 loss per share) in Q1 2022.
- Adjusted net loss $33.4M ($1.10 loss per share) vs $23.7M ($0.80 loss per share) in Q1 2022.
- FY2023 revenue guidance raised to $480-$490M (17%-19% growth); gross margin 69%-70% expected.
- CAMELOT study at ACC.23/WCC showed Zio XT highest diagnostic yield, lowest retesting rates.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
iRhythm Holdings, Inc. reported Full year 2023 results: revenue $480 million to $490 million.
- Period
- Full year 2023
- Revenue
- $480 million to $490 million
- Result
- guidance update
Exact text from the filing
Updated fiscal year 2023 revenue guidance to a range of approximately $480 million to $490 million
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
iRhythm Holdings, Inc. reported Three months ended March 31, 2023 results: net income -$33.4 million, EPS -$1.10.
- Period
- Three months ended March 31, 2023
- Net income
- -$33.4 million
- EPS
- -$1.10
- Result
- reported results
Exact text from the filing
Revenue of $111.4 million, a 20.6% increase compared to first quarter 2022
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
iRhythm Holdings, Inc. reported Three months ended March 31, 2023 results: net income -$33.4 million, EPS -$1.10.
- Period
- Three months ended March 31, 2023
- Net income
- -$33.4 million
- EPS
- -$1.10
- Result
- reported results
Exact text from the filing
Net loss for the first quarter of 2023 was $39.1 million, or a loss of $1.29 per share
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
iRhythm Holdings, Inc. reported Three months ended March 31, 2023 results: net income -$33.4 million, EPS -$1.10.
- Period
- Three months ended March 31, 2023
- Net income
- -$33.4 million
- EPS
- -$1.10
- Result
- reported results
Exact text from the filing
Adjusted net loss for th e first quarter of 2023 was $33.4 million, or a loss of $1.10 per share
View on SEC.gov
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