iRhythm Technologies (NASDAQ: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.
