IRTC Q3 2021 Earnings — iRhythm Technologies, Inc. Revenue & Financial Results | Market Cap Arena

IRTCiRhythm Technologies, Inc.

$4B

Q3 2021 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$85M+18.7% YoY

Gross Profit

$56M65.7% margin

Operating Income

-$23M-27.3% margin

Net Income

-$24M-27.8% margin

EPS (Diluted)

$-0.81

QoQ Revenue Growth

+5.1%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$4M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$480M

Total Liabilities

$184M

Stockholders' Equity

$296M

Cash & Equivalents

$167M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$85M	$72M	+18.7%
Gross Profit	$56M	$54M	+4.5%
Operating Income	-$23M	-$5M	-389.4%
Net Income	-$24M	-$5M	-407.4%

Revenue Segments

Commercial Payors

$50M58%

Healthcare Institutions

$16M18%

Centers For Medicare And Medicaid

$12M15%

Non-Contracted Third-Party Payors

$7M9%