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home / news releases / IRTC - iRhythm Technologies Inc. (IRTC) Q1 2024 Earnings Call Transcript


IRTC - iRhythm Technologies Inc. (IRTC) Q1 2024 Earnings Call Transcript

2024-05-04 01:32:09 ET

iRhythm Technologies, Inc. (IRTC)

Q1 2024 Earnings Conference Call

May 02, 2024, 04:30 PM ET

Company Participants

Stephanie Zhadkevich - Director, IR

Quentin Blackford - President and CEO

Brice Bobzien - CFO

Conference Call Participants

Allen Gong - JPMorgan

Malgorzata Kaczor - William Blair

Richard Newitter - Truist

Marie Thibault - BTIG

Joanne Wuensch - Citibank

Kallum Titchmarsh - Morgan Stanley

Nathan Treybeck - Wells Fargo

David Rescott - Baird

Bill Plovanic - Canaccord

Suraj Kalia - Oppenheimer

Presentation

Operator

Hello, and welcome to the iRhythm Technologies, Inc. Q1 2024 Earnings Conference Call. My name is Terry, and I will be the conference operator today. [Operator Instructions]

I would now like to hand over to Stephanie Zhadkevich, Director of Investor Relations, to begin. Please go ahead.

Stephanie Zhadkevich

Thank you all for participating in today's call. Earlier today, iRhythm released financial results for the first quarter ended March 31, 2024. Before we begin, I'd like to remind you that management will make statements during this call that include forward-looking statements within the meaning of federal securities laws pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any statements contained in this call that are not statements of historical facts should be deemed to be forward-looking statements. These are based upon our current estimates and various assumptions and reflect management's intentions, beliefs and expectations about future events, strategies, competition, products, and operating plans and performance.

These statements involve risks and uncertainties that could cause actual results or events to materially differ from those anticipated or implied by these forward-looking statements. Accordingly, you should not place undue reliance on these statements. For a list and description of the risks and uncertainties associated with our business, please refer to the Risk Factors section of our most recent annual and quarterly reports on Form 10-K and Form 10-Q, respectively, filed with the Securities and Exchange Commission. Also during the call, we will discuss certain financial measures that have not been prepared in accordance with U.S. GAAP with respect to our non-GAAP and cash-based results, including adjusted EBITDA, adjusted operating expenses and adjusted net loss.

Unless otherwise noted, all references to financial metrics are presented on a non-GAAP basis. The presentation of additional information should not be considered in isolation as a substitute for or superior to results prepared in accordance with GAAP. Please refer to the tables in our earnings release and 10-Q for a reconciliation of these measures to the most directly comparable GAAP financial measures. Unless otherwise noted, all references to financial measures in this call other than revenue refer to non-GAAP results. This conference call contains time-sensitive information and is accurate only as of the live broadcast today, May 2, 2024.

iRhythm disclaims any intention or obligation, except as required by law, to update or revise any financial projections or forward-looking statements, whether because of new information, future events or otherwise....

For further details see:

iRhythm Technologies, Inc. (IRTC) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: iRhythm Technologies Inc.
Stock Symbol: IRTC
Market: NASDAQ
Website: irhythmtech.com

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