IRTC Q3 2020 Earnings — iRhythm Technologies, Inc. Revenue & Financial Results | Market Cap Arena

IRTCiRhythm Technologies, Inc.

$4B

Q3 2020 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$72M+31.6% YoY

Gross Profit

$54M74.7% margin

Operating Income

-$5M-6.6% margin

Net Income

-$5M-6.5% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

+41.4%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$5M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$497M

Total Liabilities

$163M

Stockholders' Equity

$335M

Cash & Equivalents

$95M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$72M	$55M	+31.6%
Gross Profit	$54M	$41M	+31.4%
Operating Income	-$5M	-$18M	+73.9%
Net Income	-$5M	-$18M	+74.4%

Revenue Segments

Commercial Payors

$36M50%

Centers For Medicare And Medicaid

$20M28%

Healthcare Institutions

$11M15%

Non-Contracted Third-Party Payors

$5M6%