iRhythm Technologies Q2 Swings to Earnings, Revenue Rises; Shares Gain

MT Newswires Live
08/07

iRhythm Technologies (IRTC) reported Q2 non-GAAP net income late Thursday of $0.58 per diluted share, swinging from a loss of $0.32 a year earlier.

Analysts polled by FactSet expected it to report breakeven results.

Revenue for the quarter ended June 30 was $224.2 million, up from $186.7 million a year earlier.

Analysts expected $219.3 million.

For fiscal 2026, the company expects revenue of $880 million to $890 million.

Analysts are looking for $881.1 million.

Shares rose more than 5% in after-hours activity.

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