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

Tactile Systems Technology

02/05/2022 23:05

* Tactile Systems Technology Inc  TCMD.OQ  reported a
quarterly
adjusted loss of 46 cents​​ per share for the quarter ended in
March. The mean expectation of four analysts for the quarter was
for a loss of 28 cents per share.
    * Revenue rose 12.2% to $47.98 million from a year ago; 
analysts
expected $44.94 million. 
    * Tactile Systems Technology Inc's reported EPS for the
quarter
was a loss of 78 cents​.
    * The mean earnings estimate of analysts had fallen by
about 42.5%
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 16.3%
this
quarter and lost 11.3% so far this year.
    * The company reported a quarterly loss of $15.57 million.
    * Wall Street's median 12-month price target for Tactile
Systems
Technology Inc is $29.00 
    * 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 May 2 at 10:05 p.m.  ​All
figures in US dollars unless otherwise stated