iRhythm Technologies (IRTC) Misses Q1 EPS by 63c

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iRhythm Technologies Announces First Quarter 2022 Financial Results

May 5, 2022 4:05 PM EDT

SAN FRANCISCO, May 05, 2022 (GLOBE NEWSWIRE) -- iRhythm Technologies, Inc. (NASDAQ: IRTC), a leading digital healthcare solutions company focused on the advancement of cardiac care, today reported financial results for the three months ended March 31, 2022.

First Quarter 2022 Financial Highlights

Revenue of $92.4 million, a 24.3% increase compared to first quarter 2021Gross margin of 66.9%, a 4.2 percentage point improvement compared to fourth quarter 2021Adjusted EBITDA* loss of $4.8 million, a $12.5 million improvement compared to fourth quarter... More