Tactile Systems Technology, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results; Introduces Full Year 2024 Outlook
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, Feb. 20, 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 fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights: Total revenue increased 5% over prior year to $77.7 millionNet income increased 77% over prior year to $8.2 millionAdjusted EBITDA increased 27% over prior year to $15.4 millionRetired $16.8 million revolving line of credit and completed final $5.6 million earnout paymentWelcomed Vindell Washington, M.D. to Board of Directors Full Year 2023 Highlights: Treated over 77,000 patientsTotal revenue increased 11% over prior year to $274.4 millionNet income incr
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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