iRhythm Technologies Inc

NASDAQ IRTC

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iRhythm Technologies Inc Net Income Before Taxes 3 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: 43.15%

iRhythm Technologies Inc Net Income Before Taxes 3 year CAGR is 43.15% for the Trailing 12 Months (TTM) ending March 31, 2024, a 89.38% change year over year. Net income before taxes represents a company's profit after all operating expenses and interest expenses have been deducted but before taxes have been accounted for. It is calculated by dividing the net income by (1 - tax rate). This metric helps evaluate the company's profitability and assess its earnings before the impact of tax obligations. It provides insights into the company's pre-tax financial performance and is often used for comparing companies in different tax jurisdictions. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • iRhythm Technologies Inc Net Income Before Taxes for the Trailing 12 Months (TTM) ending March 31, 2023 was -26,086,500.00, a 15.77% change year over year.
  • iRhythm Technologies Inc Net Income Before Taxes for the Trailing 12 Months (TTM) ending March 31, 2022 was -30,968,750.00, a -99.05% change year over year.
  • iRhythm Technologies Inc Net Income Before Taxes for the Trailing 12 Months (TTM) ending March 31, 2021 was -15,558,500.00, a -10.40% change year over year.
  • iRhythm Technologies Inc Net Income Before Taxes for the Trailing 12 Months (TTM) ending March 31, 2020 was -14,093,000.00, a -29.82% change year over year.
NASDAQ: IRTC

iRhythm Technologies Inc

CEO Mr. Quentin S. Blackford
IPO Date Oct. 20, 2016
Location United States
Headquarters 699 8th Street, San Francisco, CA, United States, 94103
Employees 2,000
Sector Healthcare
Industry Medical devices
Description

iRhythm Technologies, Inc., a digital healthcare company, engages in the design, development, and commercialization of device-based technology to provide ambulatory cardiac monitoring services to diagnose arrhythmias in the United States. It offers Zio services, an ambulatory monitoring solution, including long-term and short-term continuous monitoring and mobile cardiac telemetry monitoring services. The company also provides the Zio Monitor System, a prescription-only, remote electrocardiogram (ECG) monitoring system that consists of a patch ECG monitor that records the electric signal from the heart continuously for up to 14 days and the Zio ECG Utilization Software System, which supports the capture and analysis of ECG data recorded by the Zio Monitor patch at the end of the wear period, including specific arrhythmia events detected by the ZEUS System; the Zio XT System is the previous generation of the Zio Monitor System and is a prescription-only, remote ECG monitoring system that consists of the Zio XT patch that records the electric signal from the heart continuously for up to 14 days; and the Zio AT system, a prescription-only, remote ECG monitoring system that similarly consists of the Zio AT patch that records the electric signal from the heart continuously for up to 14 days and the ZEUS System, but which also incorporates the Zio AT wireless gateway that provides connectivity between the Zio AT patch and the ZEUS System during the patient wear period. It has a development collaboration agreement with Verily Life Sciences LLC and Verity Ireland Limited to develop various next-generation atrial fibrillation screening, detection, or monitoring products. The company was incorporated in 2006 and is headquartered in San Francisco, California.

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StockViz Staff

September 20, 2024

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