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0 0 0.00362903225806451 0.0383064516129032 0.00806451612903223 -0.00604838709677414 0.00665322580645158 0.00302419354838707
Stock impact report

iRhythm Technologies Announces Second Quarter 2021 Financial Results

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: GlobeNewswire
SAN FRANCISCO, Aug. 05, 2021 (GLOBE NEWSWIRE) -- iRhythm Technologies, Inc. (NASDAQ: IRTC), a leading digital health care solutions company focused on the advancement of cardiac care, today reported financial results for the three months ended June 30, 2021. Second Quarter 2021 Financial Highlights Revenue was $81.3 million, a 59.8% increase compared to second quarter 2020Gross margin was 68.0%, a 1.6% decrease compared to second quarter 2020Adjusted EBITDA (defined as EBITDA less stock compensation) was negative $4.6 millionCash and Short-Term Investments were $255.7 million as of June 30, 2021, a $6.6 million decrease from March 31, 2021 “Our second quarter results reflected continued strong demand for our Zio platform, as well as solid execution on our operating goals. We were pleased to see growth in both total revenues and unit volumes in the quarter, with Zio AT surpassing 10% of our total revenue for the first time,” said Doug Devine, iRhythm Interim CEO and CFO. “We also Show less Read more
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