IRTC Q1 2021 Earnings — iRhythm Technologies, Inc. Revenue & Financial Results | Market Cap Arena

IRTCiRhythm Technologies, Inc.

$4B

Q1 2021 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$74M+17.0% YoY

Gross Profit

$51M68.4% margin

Operating Income

-$27M-37.0% margin

Net Income

-$28M-37.4% margin

EPS (Diluted)

$-0.95

QoQ Revenue Growth

-5.7%

Cash Flow

Operating Cash Flow

-$42M

Free Cash Flow

-$46M

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$478M

Total Liabilities

$169M

Stockholders' Equity

$310M

Cash & Equivalents

$137M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$74M	$64M	+17.0%
Gross Profit	$51M	$47M	+7.1%
Operating Income	-$27M	-$9M	-199.5%
Net Income	-$28M	-$9M	-206.4%

Revenue Segments

Commercial Payors

$47M63%

Healthcare Institutions

$12M17%

Centers For Medicare And Medicaid

$10M14%

Non-Contracted Third-Party Payors

$5M7%