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Stock impact report

Tactile Systems Technology Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]

Tactile Systems Technology, Inc. (TCMD) 
Last tactile systems technology, inc. earnings: 2/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.tactilemedical.com/investors
Company Research Source: Yahoo! Finance
Profit margin: 7.1% (down from 32% in 3Q 2023). The decrease in margin was driven by higher expenses. EPS: US$0.21 (down from US$0.95 in 3Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 3.8%. Earnings per share (EPS) exceeded analyst estimates by 18%. Looking ahead, revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Medical Equipment industry in the US. Performance of the American Medical Equipment industry. The company's shares are down 7.2% from a week ago. It is worth noting though that we have found 2 warning signs for Tactile Systems Technology that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on histo Show less Read more
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