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Stock impact report

iRhythm Technologies Announces First Quarter 2024 Financial Results [Yahoo! Finance]

iRhythm Technologies, Inc. (IRTC) 
Last irhythm technologies, inc. earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.irhythmtech.com
Company Research Source: Yahoo! Finance
trusted solutions that detect, predict, and prevent disease, today reported financial results for the three months ended March 31, 2024. First Quarter 2024 Financial Highlights Revenue of $131.9 million, a 18.4% increase compared to first quarter 2023 Gross margin of 66.3%, a 160-basis point decline compared to first quarter 2023 Unrestricted cash, cash equivalents and marketable securities of $569.1 million as of March 31, 2024 Increased fiscal year 2024 revenue guidance to a range of $578 million to $588 million Recent Operational Highlights Over half a million registrations during the first quarter driven by continued growth from primary care prescribers, further penetration within existing accounts, and expansion into near-record new account openings for Zio long-term continuous monitoring services Announced collaboration with Epic's Aura platform to drive efficiencies through EMR integration and enable streamlined access to Zio services through improved operationa Show less Read more
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