iRhythm Technologies (IRTC) Tops Q1 EPS by 15c; Raises Outlook

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iRhythm Technologies Announces First Quarter 2019 Financial Results

May 7, 2019 4:03 PM EDT

SAN FRANCISCO, May 07, 2019 (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 March 31, 2019.

First Quarter 2019 Highlights

Revenue of $47.2 million for the three months ended March 31, 2019 54% increase compared to first quarter revenue reported in 2018 9% sequential growth versus fourth quarter 2018Gross margin was 75.2% 340 basis point year-over-year improvement over reported gross marginResults published in the Journal of Interventional Cardiac Electrophysiology... More