Tactile Systems Technology, Inc. Reports First 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, May 06, 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 first quarter ended March 31, 2024. First Quarter 2024 Summary: Total revenue increased 4% year-over-year to $61.1 million Lymphedema product revenue increased 5% year-over-yearAirway clearance product revenue decreased 4% year-over-year Net loss of $2.2 million versus $1.9 million in Q1 2023Adjusted EBITDA of $1.0 million versus $0.5 million in Q1 2023 Recent Business Highlights: Completed enrollment of 235 patients in a multi-center, randomized clinical trial evaluating Flexitouch Plus for the treatment of head and neck lymphedema patientsJournal of Vascular Surgery published largest ever peer-reviewed clinical trial investigating Flexitouch use among lymphedema patients, revealing improvements in quality of life, limb girth,
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News
- Tactile Systems Technology, Inc. (NASDAQ: TCMD) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Tactile Systems Technology First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Tactile Systems Technology, Inc. (NASDAQ: TCMD) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Tactile Systems Technology, Inc. (NASDAQ:TCMD) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Tactile Systems Technology, Inc. Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
TCMD
Earnings
- 5/6/24 - Beat
TCMD
Sec Filings
- 5/16/24 - Form 144
- 5/10/24 - Form 4
- 5/10/24 - Form 4
- TCMD's page on the SEC website