iRhythm Q4 revenue up 24% to $164.3M; net loss narrows to $1.3M; guides FY2025 revenue $675-685M

iRhythm Holdings, Inc.

2024-FY EPS reported -$3.63 revenue$591,839,000

Q4 revenue $164.3M (+24% YoY); gross margin 70.0% (+410bps). Net loss $1.3M vs $38.7M loss in Q4 2023.
Full year 2024 revenue $591.8M (+20.1%); net loss $113.3M vs $123.4M in 2023.
Adjusted EBITDA Q4 $19.3M (improvement of $16.9M); FY2024 adj EBITDA $(7.7)M.
Cash and marketable securities $535.6M at Dec 31, 2024; positive cash flow for three consecutive quarters.
2025 guidance: revenue $675-685M; adj EBITDA margin 7-8% of revenue.

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