Tactile Systems Technology Inc (TCMD) Reports Strong Year-Over-Year Growth in 2023 [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
Adjusted EBITDA : Full year Adjusted EBITDA increased by 62%. Gross Margin Improvement : Fourth quarter gross margin improved to 72.1% from 70.5% in the previous year. Balance Sheet Strengthening : Cash and cash equivalents rose to $61.0 million, with a reduction in outstanding borrowings. 2024 Outlook : TCMD anticipates revenue growth of 9% to 11% for the full year 2024. Warning! GuruFocus has detected 4 Warning Sign with TCMD. On February 20, 2024, Tactile Systems Technology Inc ( NASDAQ:TCMD ) released its 8-K filing , showcasing a year of substantial financial achievements. The medical technology company, which specializes in devices for chronic disease treatment, reported an 11% increase in full-year revenue and a remarkable 260% rise in net income. Adjusted EBITDA also saw a significant increase of 62%. Financial Performance and Challenges TCMD's performance in 2023 was marked by restored double-digit growth in lymphedema therapies, new product introductions, and
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News
- Tactile Systems Technology (TCMD) Rises But Trails Market: What Investors Should Know [Yahoo! Finance]Yahoo! Finance
- Investors Heavily Search Tactile Systems Technology, Inc. (TCMD): Here is What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Should Weakness in Tactile Systems Technology, Inc.'s (NASDAQ:TCMD) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials? [Yahoo! Finance]Yahoo! Finance
- Tactile Systems Technology (TCMD) Increases Yet Falls Behind Market: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Bull Of The Day: Tactile Systems Technology (TCMD) [Yahoo! Finance]Yahoo! Finance
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