IRadimed Corporation reported record revenue of $17.6 million for Q1 2024, a 13.7% increase compared to Q1 2023. GAAP diluted EPS was $0.32, and non-GAAP diluted EPS was $0.36. Operating income increased by 18.5% to $4.7 million.
Record revenue of $17.6 million was reported for the first quarter of 2024.
GAAP diluted EPS was $0.32, and non-GAAP diluted EPS was $0.36 for the first quarter of 2024.
Operating income for the first quarter of 2024 was $4.7 million, an 18.5% increase compared to the same period in 2023.
A regular quarterly cash dividend of $0.15 per common share was declared for the second quarter of 2024.
For the second quarter of 2024, the Company expects to report revenue of $17.6 million to $17.8 million, GAAP diluted earnings per share of $0.33 to $0.36, and non-GAAP diluted earnings per share of $0.36 to $0.39.
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