IRTC Q1 2020 Earnings — iRhythm Technologies, Inc. Revenue & Financial Results | Market Cap Arena

IRTCiRhythm Technologies, Inc.

$4B

Q1 2020 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$64M+31.4% YoY

Gross Profit

$47M74.7% margin

Operating Income

-$9M-14.4% margin

Net Income

-$9M-14.3% margin

EPS (Diluted)

$-0.34

QoQ Revenue Growth

+7.5%

Cash Flow

Operating Cash Flow

-$22M

Free Cash Flow

-$26M

Stock-Based Comp.

$305,000

Balance Sheet

Total Assets

$283M

Total Liabilities

$158M

Stockholders' Equity

$125M

Cash & Equivalents

$57M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$64M	$48M	+31.4%
Gross Profit	$47M	$37M	+29.8%
Operating Income	-$9M	-$8M	-11.8%
Net Income	-$9M	-$8M	-9.9%

Revenue Segments

Commercial Payors

$32M50%

Centers For Medicare And Medicaid

$17M27%

Healthcare Institutions

$11M18%

Non-Contracted Third-Party Payors

$3M5%