Tactile Systems Technology, Inc. Reports Third Quarter 2024 Financial Results [Yahoo! Finance]
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: Yahoo! Finance
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 2023 Airway clearance product revenue increased 10% over Q3 2023 Net income of $5.2 million versus $22.3 million in Q3 2023 Adjusted EBITDA of $10.7 million versus $7.7 million in Q3 2023 Operating cashflow of $24.3 million year-to-date, compared to $17.5 million in the prior year period Ended Q3 2024 with $82.1 million in cash and cash equivalents Launched Nimbl, our next-generation lymphedema therapy platform for upper extremity conditions Announced publication of positive clinical trial results in VA lymphedema patients using Flexitouch therap
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News
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- Tactile Systems Technology, Inc. (NASDAQ: TCMD) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
TCMD
Earnings
- 11/4/24 - Beat
TCMD
Sec Filings
- 11/13/24 - Form SC
- 11/13/24 - Form SC
- 11/8/24 - Form SC
- TCMD's page on the SEC website