iRhythm Q2 revenue $148M (+19.3% YoY), raises FY24 guidance; names new CFO

iRhythm Holdings, Inc.

2024-Q2 EPS reported -$2.12 revenue$279,976,000

Revenue of $148.0M, up 19.3% YoY; gross margin 69.9% (+40 bps YoY).
Net loss $20.1M ($0.65 loss per share); adjusted net loss $18.8M ($0.61 per share).
Raised FY24 revenue guidance to $580-590M (18-20% growth); adj. EBITDA margin 3.5-4%.
CFO Brice Bobzien resigns effective Aug 31, 2024; succeeded by Daniel Wilson (EVP Corp Dev & IR).

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

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Role change

Daniel Wilson

Chief Financial Officer

IRTC · iRhythm Holdings, Inc.

Effective: 2024-08-31
Filed: August 1, 2024, 7:59 PM ET

On July 31, 2024, the Board of Directors (the “Board”) of the Company appointed Daniel Wilson as the Company’s Chief Financial Officer and principal financial officer, effective as of August 31, 2024.

Departed

Brice Bobzien

Chief Financial Officer

IRTC · iRhythm Holdings, Inc.

Effective: 2024-08-31
Successor: Daniel Wilson
Filed: August 1, 2024, 7:59 PM ET

On August 1, 2024, iRhythm Technologies, Inc. (the “Company”) announced that Brice Bobzien resigned from his position as Chief Financial Officer of the Company, and his employment with the Company, effective August 31, 2024 (the “Separation Date”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel Wilson was appointed as Chief Financial Officer at iRhythm Holdings, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On July 31, 2024, the Board of Directors (the “Board”) of the Company appointed Daniel Wilson as the Company’s Chief Financial Officer and principal financial officer, effective as of August 31, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brice Bobzien resigned as Chief Financial Officer at iRhythm Holdings, Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On August 1, 2024, iRhythm Technologies, Inc. (the “Company”) announced that Brice Bobzien resigned from his position as Chief Financial Officer of the Company, and his employment with the Company, effective August 31, 2024 (the “Separation Date”).

View on SEC.gov

iRhythm Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001388658-24-000140

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