Tactile Systems Technology Inc reports results for the quarter ended June 30 - Earnings Summary

Tactile Systems Technology

04/08/2025 22:02

Tactile Systems Technology Inc TCMD.OQ reported quarterly adjusted earnings of 14 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 18 cents.  The mean expectation of five analysts for the quarter was for earnings of 11 cents per share. Wall Street expected results to range from 5 cents to 18 cents per share.

Revenue rose 7.8% to $78.91 million from a year ago; analysts expected $73.93 million.

Tactile Systems Technology Inc's reported EPS for the quarter was 14 cents​.

The company reported quarterly net income of $3.22 million.

Tactile Systems Technology Inc shares had fallen by 4.8% this quarter and lost 43.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 28% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the medical equipment, supplies & distribution peer group is  "buy."

Wall Street's median 12-month price target for Tactile Systems Technology Inc is $13.00, about 25.8% above its last closing price of $9.65

This summary was machine generated from LSEG data August 4 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.11
0.14
Beat
Mar. 31 2025
-0.07
-0.13
Missed
Dec. 31 2024
0.31
0.40
Beat
Sep. 30 2024
0.18
0.21
Beat