Tactile systems Technology pulls FY20 outlook [Seeking Alpha]
Tactile Systems Technology, Inc. (TCMD)
Last tactile systems technology, inc. earnings: 2/26 04:05 pm
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Source: Seeking Alpha
Tactile systems Technology pulls FY20 outlookApr. 6, 2020 5:50 PM ET|Tactile Systems Technol... (TCMD)Akanksha BakshiTactile Systems Technology (NASDAQ:withdrewCompany expects to report 1Q20 preliminary revenue in the range of $43M to $44M, representing growth of ~14% to 17% Y/Y.Company had ~$45.2M of cash, cash equivalents and marketable securities; and no outstanding borrowings on its $10M revolving credit facility, as of April 6, 2020.Company says, the supply chain has been functioning well, and have multiple safeguards in place designed to satisfy future demand for their products. They expect COVID-19 will continue to impact near-term financial results; however, they remain confident in long-term opportunity related to the +$5B U.S. lymphedema market and plan to continue expanding commercial organization this year to further enhance growth profile.Click to subscribe to real-time analytics on TCMD
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TCMD
Earnings
- 2/20/24 - Beat
TCMD
Sec Filings
- 4/23/24 - Form DEFA14A
- 4/23/24 - Form 8-K
- 3/27/24 - Form ARS
- TCMD's page on the SEC website