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

Tactile Systems Technology

03/05/2021 23:15

* Tactile Systems Technology Inc  TCMD.OQ  reported a quarterly
adjusted loss of 7 cents​​ per share for the quarter ended
in March. The mean expectation of five analysts for the quarter
was for a loss of 15 cents per share.
* Revenue fell 2.1% to $42.77 million from a year ago​; 
analysts expected $41.74 million.
* Tactile Systems Technology Inc's reported EPS for the quarter
was a loss of 12 cents​.
* The mean earnings estimate of analysts had fallen by
about 28.3% 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 5.2% this
quarter and gained 27.5% so far this year.
* The company reported a quarterly loss of $2.27 million.
* Wall Street's median 12-month price target for Tactile Systems
Technology Inc is $69.50 
* 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 May 3 at 10:14 p.m. GMT. ​All
figures in US Dollars.​