iRhythm Technologies [IRTC] - Last Close: $118.12
Shares of iRhythm are rallying on news of a strong Q1 performance.
The digital healthcare company grew sales by 24.3% YoY in Q1, generating $92.4 million in revenues for the quarter and beating the consensus estimate of $86.76 million.
iRhythm's adjusted EPS loss of $0.80 also beat the Street's forecast of a $1.08 per-share loss.
iRhythm's full-year forecast predicted sales as high as $420 million in 2022, which was higher than analyst's expectation of up to $420 million.
IRTC is trading actively with a 19.4% gain.
Funko [FNKO] - Last Close: $16.72
Funko is trending on an upbeat business update and strong earnings numbers.
The toy-maker announced Q1 adjusted diluted earnings of $0.34 per share on Thursday evening, beating the consensus EPS estimate of $0.24.
Funko's revenues came in at $308.3 million for the quarter, a 63% increase from the year-earlier quarter. The figure also topped the Street's $277 million target.
The company also posted a better-than-expected full-year sales forecast. Funko expects to generate sales of $1.33 billion for the year.
Finally, the company also announced that a consortium of investors led by Chernin Group will invest $263 million in the company through an all-secondary transaction.
The upbeat quarterly report is driving shares of FNKO to a 19.6% gain in today's premarket.
