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

Tactile Systems Technology

07/08/2023 23:02

* Tactile Systems Technology Inc  TCMD.OQ  reported
quarterly
breakeven results​​ per share for the quarter ended in June. The
mean expectation of four analysts for the quarter was for a loss
of 5 cents per share.
    * Revenue rose 14.6% to $68.34 million from a year ago;
analysts
expected $65.26 million. 
    * Tactile Systems Technology Inc's reported EPS for the
quarter
was breakeven results​.
    * The mean earnings estimate of analysts had risen by
about 21% 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 16.2%
this
quarter and gained 82.0% so far this year.
    * The company reported a quarterly loss of $100 thousand.
    * Wall Street's median 12-month price target for Tactile
Systems
Technology Inc is $28.00 
    * 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 LSEG Refinitiv data
August 7 at 10:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.05          0.00           Beat
 Mar. 31 2023      -0.24          -0.09          Beat
 Dec. 31 2022      0.14           0.23           Beat
 Sep. 30 2022      -0.08          -0.11          Missed