Tactile Systems Tech: Q1 Earnings Insights

Tactile Systems Tech TCMD reported its Q1 earnings results on Monday, May 2, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Tactile Systems Tech missed estimated earnings by 50.0%, reporting an EPS of $-0.42 versus an estimate of $-0.28.

Revenue was up $5.21 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.33 which was followed by a 16.74% increase in the share price the next day.

Here's a look at Tactile Systems Tech's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.05 0.12 0.01 -0.15
EPS Actual -0.28 -0.08 0.07 -0.12
Revenue Estimate 58.05M 57.44M 49.92M 41.73M
Revenue Actual 61.73M 52.50M 51.06M 42.77M

To track all earnings releases for Tactile Systems Tech visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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