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iRhythm Technologies (NASDAQ:IRTC) Drops After Business Update
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iRhythm Technologies (NASDAQ:IRTC) Drops After Business Update

iRhythm Technologies (NASDAQ:IRTC) shares are tanking in the trade today after  an update on its guidance for 2022.

The digital health care company is eyeing $1+ billion in revenues by 2027. It has reiterated its earlier guidance for 2022. Revenue is expected to land between $415 million and $420 million.

Further, adjusted EBITDA is expected to range between negative $12.5 million and negative $17.5 million.

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