iRhythm Technologies Q2 Adj EPS $(0.43) Beats $(0.78) Estimate, Sales $124.13M Beat $120.34M Estimate
Portfolio Pulse from saritha@benzinga.com
iRhythm Technologies reported Q2 adjusted EPS of $(0.43), beating the estimate of $(0.78) by 44.87%. The company also reported quarterly sales of $124.13M, surpassing the estimate of $120.34M by 3.15%. This represents a 45.57% increase in EPS and a 21.64% increase in sales compared to the same period last year.
August 04, 2023 | 2:31 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
iRhythm Technologies reported better than expected Q2 results, with a significant increase in EPS and sales compared to last year.
iRhythm Technologies reported better than expected Q2 results, beating estimates for both EPS and sales. This indicates a strong financial performance, which is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100