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

iRhythm Holdings

03/08/2023 22:51

* iRhythm Technologies Inc  IRTC.OQ  reported a quarterly
adjusted
loss of 61 cents​​ per share for the quarter ended in June. The
mean expectation of twelve analysts for the quarter was for a
loss of 78 cents per share.
    * Revenue rose 21.6% to $124.13 million from a year ago;
analysts
expected $120.34 million. 
    * iRhythm Technologies Inc's reported EPS for the quarter
was a
loss of 61 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.5%
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 fallen by 2.9% this
quarter and gained 8.1% so far this year.
    * The company reported a quarterly loss of $18.48 million.
    * Wall Street's median 12-month price target for iRhythm
Technologies Inc is $149.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 09:51 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.78          -0.61          Beat
 Mar. 31 2023      -0.90          -1.10          Missed
 Dec. 31 2022      -0.62          -0.67          Missed
 Sep. 30 2022      -0.83          -0.63          Beat