secwatch.observer — SEC 8-K summary
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Issuer:     iRhythm Holdings, Inc. (IRTC)
CIK:        0001388658
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001388658-23-000102
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iRhythm Q2 revenue $124.1M (+21.6% YoY); narrows net loss; guides FY rev $485-490M
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- Revenue $124.1M, up 21.6% YoY; gross margin 69.5%, up 70 bps from 68.8%.
- Net loss $18.5M ($0.61/share) vs $23.9M ($0.80) YoY; adjusted net loss $13.1M ($0.43).
- Cash, equivalents, marketable securities $164.7M at June 30, 2023.
- FY2023 guidance: revenue $485-490M (18-19% growth); gross margin 69-70%; adj. EBITDA ~0-0.5%.
- Zio XT new account openings; Japan MHLW high medical needs designation; Shonin application filed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1388658/000138865823000102/0001388658-23-000102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1388658/000138865823000102/irtc-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001388658-23-000102

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer