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