MARKET COMPOSITE
IRTC - iRhythm Technologies Inc7:59:59 PM 4/23/2024
Price
$116.36
+ 2.74 (2.41%)
iRhythm Technologies, Inc., a digital healthcare company, provides ambulatory electrocardiogram (ECG) monitoring products for patients at risk for arrhythmias in the United States. It offers Zio service, an ambulatory cardiac monitoring solution that combines a wire-free, patch-based, and wearable biosensor with a cloud-based data analytic platform to help physicians to monitor patients and diagnose arrhythmias. The company's Zio XT and AT monitors, a single-use, wire-free, and wearable patch-based biosensors, records patient's heartbeats and ECG data. It has a development collaboration agreement with Verily Life Sciences LLC to develop various next-generation atrial fibrillation screening, detection, or monitoring products. The company was founded in 2006 and is headquartered in San Francisco, California.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue132.5MM+6%
Gross Profit87.4MM+6%
Cost Of Revenue45.1MM+7%
Operating Income-39.2MM+42%
Operating Expenses126.6MM+15%
Net Income-38.7MM+43%
R&D15.4MM-5%
G&A100.1MM+7%
Amortization--
Interest Expense941K+2%
Restructuring & Acquisition11.1MM-
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