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

Tactile Systems Technology

02/08/2021 22:01

* Tactile Systems Technology Inc  TCMD.OQ  reported quarterly
adjusted earnings of 7 cents​​ per share for the quarter ended
in June. The mean expectation of five analysts for the quarter
was for earnings of one cents per share.
* Revenue rose 45.4% to $51.06 million from a year ago; 
analysts expected $49.92 million. 
* Tactile Systems Technology Inc's reported EPS for the quarter
was 7 cents​.
* The mean earnings estimate of analysts had risen by
about 187.5% 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 5.8% this
quarter and gained 9.0% so far this year.
* The company reported quarterly net income of $1.31 million.
* Wall Street's median 12-month price target for Tactile Systems
Technology Inc is $71.50 
* 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 August 2 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated