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

Tactile Systems Technology

07/11/2022 22:38

* Tactile Systems Technology Inc  TCMD.OQ  reported a
quarterly
adjusted loss of 11 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for a loss of 8 cents per share.
    * Revenue rose 24.3% to $65.26 million from a year ago;
analysts
expected $60.05 million. 
    * Tactile Systems Technology Inc's reported EPS for the
quarter
was a loss of 11 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 fallen by 11.4%
this
quarter and lost 63.7% so far this year.
    * The company reported a quarterly loss of $2.28 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 November
7 at 10:38 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.08          -0.11          Missed
 Jun. 30 2022      -0.14          -0.23          Missed
 Mar. 31 2022      -0.28          -0.46          Missed
 Dec. 31 2021      0.05           -0.38          Missed