iRhythm Technologies Inc reports results for the quarter ended in December - Earnings Summary

iRhythm Holdings

23/02/2023 22:50

* iRhythm Technologies Inc  IRTC.OQ  reported a quarterly
adjusted
loss of 67 cents​​ per share for the quarter ended in December.
The mean expectation of eleven analysts for the quarter was
for a loss of 62 cents per share.
    * Revenue rose 37.7% to $112.62 million from a year ago;
analysts
expected $110.26 million. 
    * iRhythm Technologies Inc's reported EPS for the quarter
was a
loss of 67 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * iRhythm Technologies Inc shares had risen by 15.1% this
quarter.
    * The company reported a quarterly loss of $20.2 million.
    * Wall Street's median 12-month price target for iRhythm
Technologies Inc is $150.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
23 at 10:50 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.62          -0.67          Missed
 Sep. 30 2022      -0.83          -0.63          Beat
 Jun. 30 2022      -0.91          -0.80          Beat
 Mar. 31 2022      -1.08          -0.80          Beat