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

Tactile Systems Technology

21/02/2023 14:32

* Tactile Systems Technology Inc  TCMD.OQ  reported
quarterly
adjusted earnings of 23 cents​​ per share for the quarter ended
in December. The mean expectation of four analysts for the
quarter was for earnings of 14 cents per share.
    * Revenue rose 19.7% to $73.90 million from a year ago;
analysts
expected $70.53 million. 
    * Tactile Systems Technology Inc's reported EPS for the
quarter
was 23 cents​.
    * The mean earnings estimate of analysts was unchanged 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 risen by 22.1%
this
quarter.
    * The company reported quarterly net income of $4.62
million.
    * Wall Street's median 12-month price target for Tactile
Systems
Technology Inc is $25.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
21 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.14           0.23           Beat
 Sep. 30 2022      -0.08          -0.11          Missed
 Jun. 30 2022      -0.14          -0.23          Missed
 Mar. 31 2022      -0.28          -0.46          Missed