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Update: IRhythm Technologies Shares Jump After Q1 Revenue Beat
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Update: IRhythm Technologies Shares Jump After Q1 Revenue Beat
May 26, 2025 12:33 AM

01:45 PM EDT, 05/02/2025 (MT Newswires) -- (Updates with stock price movement in the headline and first paragraph.)

IRhythm Technologies ( IRTC ) shares jumped 20% in recent Friday trading, a day after the company reported Q1 revenue that topped Wall Street estimates.

Revenue in the three months ended March 31 rose to $158.7 million from $131.9 million a year earlier, the company said Thursday.

Analysts surveyed by FactSet expected $153.4 million.

The Q1 adjusted loss narrowed to $0.95 per diluted share from the loss of $1.23 a year earlier.

Analysts polled by FactSet expected a loss of $0.94.

The company raised 2025 revenue guidance to a range of $690 million to $700 million from $675 million to $685 million. Analysts polled by FactSet expect $688.3 million.

Price: 130.83, Change: +22.24, Percent Change: +20.48

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