iRhythm Technologies: Q1 Earnings Insights

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iRhythm Technologies IRTC reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

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

Earnings

iRhythm Technologies missed estimated earnings by 22.22%, reporting an EPS of $-1.1 versus an estimate of $-0.9.

Revenue was up $19.06 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 8.33% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.62 -0.83 -0.92 -1.08
EPS Actual -0.59 -0.63 -0.79 -0.80
Revenue Estimate 110.26M 106.13M 100.12M 86.76M
Revenue Actual 112.62M 103.88M 102.05M 92.38M

To track all earnings releases for iRhythm Technologies visit their earnings calendar here.

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

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