Tactile Systems Technology, Inc. Reports Third Quarter 2024 Financial Results
Tactile Systems Technology, Inc. (TCMD)
Last tactile systems technology, inc. earnings: 2/26 04:05 pm
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US:NASDAQ Investor Relations:
investors.tactilemedical.com/investors
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Source: GlobeNewswire
MINNEAPOLIS, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chronic disorders, today reported financial results for the third quarter ended September 30, 2024 and announced the adoption of a share repurchase program. Third Quarter 2024 Summary & Recent Business Highlights: Total revenue increased 5% year-over-year to $73.1 million Lymphedema product revenue increased 4% over Q3 2023Airway clearance product revenue increased 10% over Q3 2023 Net income of $5.2 million versus $22.3 million in Q3 2023Adjusted EBITDA of $10.7 million versus $7.7 million in Q3 2023Operating cashflow of $24.3 million year-to-date, compared to $17.5 million in the prior year periodEnded Q3 2024 with $82.1 million in cash and cash equivalentsLaunched Nimbl, our next-generation lymphedema therapy platform for upper extremity conditionsAnnounced publication of positive clin
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News
- Tactile Medical to Release Fourth Quarter and Fiscal Year 2024 Financial Results on February 18, 2025 [Yahoo! Finance]Yahoo! Finance
- Tactile Medical to Release Fourth Quarter and Fiscal Year 2024 Financial Results on February 18, 2025GlobeNewswire
- Tactile Medical Expands Launch of Nimbl™ to Include Patients with Lower Extremity Lymphedema [Yahoo! Finance]Yahoo! Finance
- Tactile Medical Expands Launch of Nimbl™ to Include Patients with Lower Extremity LymphedemaGlobeNewswire
- Tactile Systems Technology, Inc. (NASDAQ: TCMD) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
TCMD
Earnings
- 11/4/24 - Beat
TCMD
Sec Filings
- 1/14/25 - Form 3
- 1/13/25 - Form 8-K
- TCMD's page on the SEC website