iRhythm Technologies: Q4 Earnings Insights


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


iRhythm Technologies (NASDAQ:IRTC) reported its Q4 earnings results on Wednesday, February 23, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

iRhythm Technologies beat estimated earnings by 5.98%, reporting an EPS of $-1.1 versus an estimate of $-1.17.

Revenue was up $3.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.29 which was followed by a 8.6% drop in the share price the next day.

Here's a look at iRhythm Technologies's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate -1.10 -0.94 -0.83 -0.31
EPS Actual -0.81 -0.59 -0.95 -0.33
Revenue Estimate 83.56M 72.69M 70.31M 76.57M
Revenue Actual 85.43M 81.28M 74.31M 78.81M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: EarningsBZI-Recaps