earnings
confidence high
sentiment positive
materiality 0.75
IRADIMED reports record Q2 revenue of $16.1M, raises FY2023 guidance
IRADIMED CORP
2023-Q2 EPS reported
$0.60
revenue$31,605,480
- Q2 revenue $16.1M (+25% YoY); GAAP diluted EPS $0.33 vs $0.26; non-GAAP EPS $0.36 vs $0.26.
- Operating income $5.0M, up 19% YoY; 8th consecutive record revenue quarter.
- Monitoring devices revenue grew 25% YoY to $6.1M; IV pump systems up 17% to $4.5M.
- FY2023 guidance raised: rev $64.5-$65.5M, GAAP EPS $1.25-$1.28, non-GAAP EPS $1.37-$1.40.
- Q3 2023 guidance: rev $16.1-$16.3M, GAAP EPS $0.33-$0.35, non-GAAP EPS $0.36-$0.38.