Tactile Systems Technology, Inc. reports results for the quarter ended June 30 - Earnings Summary
Tactile Systems Technology, Inc. reports results for the quarter ended June 30 - Earnings Summary
Tactile Systems Technology, Inc. TCMD.OQ reported quarterly adjusted earnings of 34 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of five analysts for the quarter was for earnings of 14 cents per share. Wall Street expected results to range from 11 cents to 18 cents per share.
Revenue rose 8.6% to $85.70 million from a year ago; analysts expected $85.52 million.
Tactile Systems Technology, Inc.'s reported EPS for the quarter was 34 cents.
The company reported quarterly net income of $7.79 million.
Tactile Systems Technology, Inc. shares had fallen by 0.9% this quarter and gained 1.7% so far this year.
FORECAST CHANGES
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.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"
Wall Street's median 12-month price target for Tactile Systems Technology, Inc. is $40.00, about 26.3% above its last closing price of $29.50
This summary was machine generated from LSEG data August 10 at 09:01 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 2026 | 0.14 | 0.34 | Beat |
Mar. 31 2026 | -0.09 | -0.08 | Beat |
Dec. 31 2025 | 0.44 | 0.46 | Beat |
Sep. 30 2025 | 0.17 | 0.36 | Beat |
Recent news on Tactile Systems Technology
See all newsTactile Systems Technology, Inc. reports results for the quarter ended June 30 - Earnings Summary
Tactile Systems Q2 revenue up 9%, slightly beats estimates
Brief: Tactile Systems Technology Q2 Revenue USD 85.7 Million Vs. IBES Estimate USD 85.5 Million
Tactile Systems Q1 revenue rises 23% on higher product sales
Brief: Tactile Systems Technology Q1 Revenue USD 75.3 Million Vs. IBES Estimate USD 70.6 Million