Tactile Systems Technology Inc reports results for the quarter ended in December - Earnings Summary

Tactile Systems Technology

22/02/2022 22:45

* Tactile Systems Technology Inc  TCMD.OQ  reported a
quarterly
adjusted loss of 38 cents​​ per share for the quarter ended in
December. The mean expectation of five analysts for the quarter
was for earnings of 5 cents per share.
    * Revenue rose 4.2% to $61.73 million from a year ago; 
analysts
expected $58.05 million. 
    * Tactile Systems Technology Inc's reported EPS for the
quarter
was a loss of 38 cents​.
    * The mean earnings estimate of analysts had risen by
about 12.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Tactile Systems Technology Inc shares had fallen by 21.8%
this
quarter.
    * The company reported a quarterly loss of $7.5 million.
    * Wall Street's median 12-month price target for Tactile
Systems
Technology Inc is $44.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated February 22 at 10:45 p.m.
 ​All figures in US dollars unless otherwise stated