Tactile Systems Technology, Inc. (TCMD)

NASDAQ: TCMD · Real-Time Price · USD
15.05
-0.33 (-2.15%)
At close: Feb 21, 2025, 4:00 PM
14.95
-0.10 (-0.66%)
After-hours: Feb 21, 2025, 5:35 PM EST
-2.15%
Market Cap 354.96M
Revenue (ttm) 292.98M
Net Income (ttm) 16.96M
Shares Out 23.59M
EPS (ttm) 0.70
PE Ratio 21.50
Forward PE 22.30
Dividend n/a
Ex-Dividend Date n/a
Volume 576,695
Open 15.47
Previous Close 15.38
Day's Range 14.82 - 15.51
52-Week Range 11.12 - 21.10
Beta 1.20
Analysts Hold
Price Target 18.00 (+19.6%)
Earnings Date Feb 18, 2025

About TCMD

Tactile Systems Technology, Inc., a medical technology company, develops and provides medical devices to treat underserved chronic diseases in the United States. It offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema in the home setting; and Entre Plus System, a portable pneumatic compression device for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers. The company also provides Kylee, a mobile application to help patients learn a... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Jul 28, 2016
Employees 992
Stock Exchange NASDAQ
Ticker Symbol TCMD
Full Company Profile

Financial Performance

In 2024, TCMD's revenue was $292.98 million, an increase of 6.76% compared to the previous year's $274.42 million. Earnings were $16.96 million, a decrease of -40.52%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for TCMD stock is "Hold." The 12-month stock price forecast is $18.0, which is an increase of 19.60% from the latest price.

Price Target
$18.0
(19.60% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Tactile Systems Technology, Inc. (TCMD) Q4 2024 Earnings Call Transcript

Tactile Systems Technology, Inc. (NASDAQ:TCMD) Q4 2024 Earnings Conference Call February 18, 2025 5:00 PM ET Company Participants Sam Bentzinger - Investor Relations, Gilmartin Group LLC Sheri Dodd -...

3 days ago - Seeking Alpha

Tactile Systems Technology, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

MINNEAPOLIS, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chro...

3 days ago - GlobeNewsWire

Tactile Medical to Release Fourth Quarter and Fiscal Year 2024 Financial Results on February 18, 2025

MINNEAPOLIS, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chro...

16 days ago - GlobeNewsWire

Tactile Medical Appoints Laura King to Board of Directors

MINNEAPOLIS, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chronic disorders, ...

5 weeks ago - GlobeNewsWire

Tactile Medical to Present at the Piper Sandler 36th Annual Healthcare Conference

MINNEAPOLIS, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chro...

3 months ago - GlobeNewsWire

Tactile Systems Technology, Inc. (TCMD) Q3 2024 Earnings Call Transcript

Tactile Systems Technology, Inc. (NASDAQ:TCMD) Q3 2024 Earnings Conference Call November 4, 2024 5:00 PM ET Company Participants Sam Bentzinger - Investor Relations, Gilmartin Group LLC Sheri Dodd - ...

3 months ago - Seeking Alpha

Tactile Systems Technology, Inc. Reports Third Quarter 2024 Financial Results

MINNEAPOLIS, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chro...

3 months ago - GlobeNewsWire

Tactile Medical to Release Third Quarter of Fiscal Year 2024 Financial Results on November 4, 2024

MINNEAPOLIS, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chro...

4 months ago - GlobeNewsWire

Tactile Medical Launches Next-Generation Nimbl™ Lymphedema Platform

Initial Launch Focused on Treating Patients Suffering from Upper Extremity Lymphedema Initial Launch Focused on Treating Patients Suffering from Upper Extremity Lymphedema

5 months ago - GlobeNewsWire

UPDATE -- Tactile Medical Announces Positive Clinical Trial Results in Lymphedema Patients Using Advanced Pneumatic Compression Device Therapy

Largest U.S. Prospective Clinical Trial Ever Conducted Demonstrated High Compliance with the Flexitouch® System and Significant Improvements Across Study Endpoints Largest U.S. Prospective Clinical Tr...

5 months ago - GlobeNewsWire

Tactile Systems Technology, Inc. (TCMD) Q2 2024 Earnings Call Transcript

Tactile Systems Technology, Inc. (NASDAQ:TCMD) Q2 2024 Earnings Conference Call August 5, 2024 5:00 PM ET Company Participants Sam Bentzinger - Investor Relations, Gilmartin Group LLC Sheri Dodd - Ch...

7 months ago - Seeking Alpha

Tactile Systems Technology, Inc. Reports Second Quarter 2024 Financial Results

MINNEAPOLIS, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chro...

7 months ago - GlobeNewsWire

Tactile Medical to Release Second Quarter of Fiscal Year 2024 Financial Results on August 5, 2024

MINNEAPOLIS, July 22, 2024 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chro...

7 months ago - GlobeNewsWire

Tactile Medical to Present at the William Blair 44th Annual Growth Stock Conference

MINNEAPOLIS, May 21, 2024 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chron...

9 months ago - GlobeNewsWire

Tactile Systems Technology, Inc. (TCMD) Q1 2024 Earnings Call Transcript

Tactile Systems Technology, Inc. (NASDAQ:TCMD) Q1 2024 Earnings Conference Call May 6, 2024 5:00 PM ET Company Participants Sam Bentzinger – Investor Relations-Gilmartin Group LLC Dan Reuvers – Presi...

10 months ago - Seeking Alpha

Tactile Systems Technology, Inc. Reports First Quarter 2024 Financial Results

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 chron...

10 months ago - GlobeNewsWire

Tactile Medical Announces CEO Transition and Preliminary First Quarter 2024 Revenue

MINNEAPOLIS, April 23, 2024 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chr...

10 months ago - GlobeNewsWire

Tactile Medical to Release First Quarter of Fiscal Year 2024 Financial Results on May 6, 2024

MINNEAPOLIS, April 15, 2024 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chr...

11 months ago - GlobeNewsWire

Tactile Systems Technology (TCMD) Q4 2023 Earnings Call Transcript

Tactile Systems Technology (TCMD) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

Tactile Systems Technology, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results; Introduces Full Year 2024 Outlook

Full Year Revenue Increased 11% Year-Over-Year; Full Year Net Income Increased 260%; Full Year Adjusted EBITDA Increased 62% Full Year Revenue Increased 11% Year-Over-Year; Full Year Net Income Increa...

1 year ago - GlobeNewsWire

Tactile Medical to Participate in Upcoming Investor Conferences in February and March

MINNEAPOLIS, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chronic disorders, ...

1 year ago - GlobeNewsWire

Tactile Medical to Release Fourth Quarter and Fiscal Year 2023 Financial Results on February 20, 2024

MINNEAPOLIS, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chro...

1 year ago - GlobeNewsWire

Tactile Systems Technology, Inc. (TCMD) Q3 2023 Earnings Call Transcript

Tactile Systems Technology, Inc. (NASDAQ:TCMD) Q3 2023 Earnings Call Transcript November 6, 2023 5:00 PM ET Company Participants Daniel Reuvers - President & Chief Executive Officer Elaine Birkemeyer...

1 year ago - Seeking Alpha

Tactile Systems Technology, Inc. Reports Third Quarter 2023 Financial Results; Updates Full Year 2023 Outlook

MINNEAPOLIS, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chro...

1 year ago - GlobeNewsWire

Tactile Medical to Release Third Quarter of Fiscal Year 2023 Financial Results on November 6, 2023

MINNEAPOLIS, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chro...

1 year ago - GlobeNewsWire