iRhythm Technologies, Inc. (NASDAQ:IRTC) Q1 2022 Earnings Conference Call May 5, 2022 4:30 PM ET

Company Participants

Quentin Blackford - President and Chief Executive Officer

Douglas Devine - COO & CFO

Dan Wilson - EVP of Corporate Strategy and Development

Conference Call Participants

Allen Gong - JP Morgan

Maggie Boeye - William Blair

David Rescott - Truist Securities

William Plovanic - Canaccord Genuity

Marie Thibault - BTIG

Suraj Kalia - Oppenheimer

Operator

Thank you all for participating in today's call. Earlier today, iRhythm released financial results for the first quarter ended March 31, 2022.

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 fact 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, 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 SEC.

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 this additional information should not be considered in isolation of and 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 their most directly comparable GAAP financial measures.

This conference call contains time-sensitive information and is accurate only as of the live broadcast today, May 5, 2022. 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.