Overview
* iRhythm Q2 2025 revenue rises 26.1% yr/yr, beating analyst expectations
* Gross margin improves to 71.2%, reflecting operational efficiencies
* Co partners with Lucem Health to enhance arrhythmia detection
Outlook
* iRhythm projects 2025 revenue between $720 mln and $730 mln
* Company expects 2025 adjusted EBITDA margin of 8.0% to 8.5%
Result Drivers
* CORE MONITORING - Growth driven by demand in core long-term continuous monitoring business
* ZIO AT DEMAND - Continued market penetration of Zio AT across major health systems
* INTERNATIONAL MARKETS - Contribution from international markets supports revenue growth
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Beat $186.70 $173.90
Revenue mln mln (12
Analysts
)
Q2 -$10.20
Adjusted mln
Net
Income
Q2 Net -$14.20
Income mln
Q2 Gross 71.2%
Margin
Q2 Gross $132.90
Profit mln
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the advanced medical equipment & technology peer group is "buy"
* Wall Street's median 12-month price target for iRhythm Technologies Inc ( IRTC ) is $147.00, about 4.7% above its July 30 closing price of $140.08
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)