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Stock impact report

iRhythm Technologies Announces Third Quarter 2019 Financial Results

iRhythm Technologies, Inc. (IRTC) 
Last irhythm technologies, inc. earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.irhythmtech.com
Company Research Source: GlobeNewswire
SAN FRANCISCO, Nov. 05, 2019 (GLOBE NEWSWIRE) -- iRhythm Technologies, Inc. (NASDAQ: IRTC), a leading digital health care solutions company focused on the advancement of cardiac care, today reported financial results for the three months ending September 30, 2019. Third Quarter 2019 and Recent Highlights Revenue of $56.0 million for the three months ended September 30, 2019, an increase of 47% compared to third quarter revenue in 2018Gross margin was 75.4%, a 150 basis point year-over-year improvementAnnounced a collaboration with Verily, an Alphabet company, focused on the development of solutions aimed at improving the screening, diagnosis and management of patients with atrial fibrillation (AFib)Received confirmation from the AMA that the proposed replacement of the existing four temporary codes with eight permanent codes was reviewed for Category 1 status and approved by the panel to move forward to the Relative Value Scale Update Committee (RUC) and valuation processCompleted Show less Read more
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