iRhythm Technologies Announces Fourth Quarter and Full Year 2018 Financial Results and Provides Full Year 2019 Financial Outlook

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iRhythm Technologies (IRTC) PT Raised to $109 at RBC Capital

February 13, 2019 6:41 AM EST

RBC Capital analyst Glenn Novarro raised the price target on iRhythm Technologies (NASDAQ: IRTC) to $109.00 (from $96.00) while maintaining a Outperform rating following a strong finish to 2018.

The analyst is raising 2019 and 2020 revenue estimates to ~$206M (prior: ~$202M) and ~$289M (prior ~$283M), respectively, an increase of ~40% y/y in both years.

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iRhythm Technologies (IRTC) Misses Q4 EPS by 4c

February 12, 2019 4:23 PM EST

iRhythm Technologies (NASDAQ: IRTC) reported Q4 EPS of ($0.48), $0.04 worse than the analyst estimate of ($0.44). Revenue for the quarter came in at $43.2 million versus the consensus estimate of $40.21 million.

For earnings history and earnings-related data on iRhythm Technologies (IRTC) click here.

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