By Kelly Cloonan
Shares of iRhythm Technologies climbed after the company raised its full-year guidance as it sees growing demand for its cardiac monitoring services.
The stock rose 14% to $210 on Thursday in after-hours trading. Shares have more than doubled this year through market close.
The digital health care company now forecasts revenue of $735 million to $740 million for the year, up from its prior view of $720 million to $730 million.
The updated guidance comes after the company narrowed its loss to $5.2 million, or 16 cents a share, from $46.2 million, or $1.48 a share, a year earlier.
On an adjusted basis, loss per share was 6 cents. Analysts polled by FactSet expected an adjusted loss of 28 cents.
Revenue rose 31% to $192.9 million. Analysts expected $184.8 million.
The growth was driven in part by higher demand for cardiac monitoring services within core existing accounts, the company said.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
October 30, 2025 18:48 ET (22:48 GMT)
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