Tactile Systems Technology, Inc. (TCMD)
| Market Cap | 539.31M |
| Revenue (ttm) | 257.65M |
| Net Income (ttm) | -4.18M |
| Shares Out | 23.24M |
| EPS (ttm) | -0.20 |
| PE Ratio | n/a |
| Forward PE | 149.25 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 355,570 |
| Open | 21.90 |
| Previous Close | 21.90 |
| Day's Range | 21.76 - 23.23 |
| 52-Week Range | 6.28 - 23.23 |
| Beta | 1.22 |
| Analysts | Strong Buy |
| Price Target | 27.33 (+17.75%) |
| Earnings Date | May 8, 2023 |
About TCMD
Tactile Systems Technology, Inc., a medical technology company, engages in the development and provision of medical devices for chronic diseases in the United States. The company offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema; Entre system, a portable pneumatic compression device that is used for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers; and AffloVest, a portable high frequency chest wall oscillation test for the tre... [Read more]
Financial Performance
In 2022, TCMD's revenue was $246.79 million, an increase of 18.61% compared to the previous year's $208.06 million. Losses were -$17.87 million, 51.3% more than in 2021.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for TCMD stock is "Strong Buy." The 12-month stock price forecast is $27.33, which is an increase of 17.75% from the latest price.
News
Tactile Medical to Present at the William Blair 43rd Annual Growth Stock Conference
MINNEAPOLIS, May 23, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chronic disorders, t...
Tactile Systems Technology, Inc. Reports First Quarter 2023 Financial Results; Raises Full Year 2023 Outlook
MINNEAPOLIS, May 08, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chron...
Tactile Medical to Release First Quarter of Fiscal Year 2023 Financial Results on May 8, 2023
MINNEAPOLIS, March 30, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chr...
Tactile Medical Appoints Elaine Birkemeyer as Chief Financial Officer
MINNEAPOLIS, March 14, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chr...
Tactile Medical to Present at Two Upcoming Conferences in March
MINNEAPOLIS, March 02, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chronic disorders,...
Tactile Systems Technology, Inc. Announces Pricing of $32.5 Million Public Offering of Common Stock
MINNEAPOLIS, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company focused on developing medical devices for the treatment...
Tactile Systems Technology, Inc. Announces Proposed Public Offering of Common Stock
MINNEAPOLIS, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company focused on developing medical devices for the treatment...
Tactile Systems Technology, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results; Introduces Full Year 2023 Outlook
Fourth Quarter Revenue Increased 20% Year-Over-Year; Full Year Revenue Increased 19% Year-Over-Year Fourth Quarter Revenue Increased 20% Year-Over-Year; Full Year Revenue Increased 19% Year-Over-Year
Tactile Systems Technology, Inc. Announces Chief Financial Officer to Retire in 2023
MINNEAPOLIS, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chro...
Tactile Medical to Release Fourth Quarter and Fiscal Year 2022 Financial Results on February 21, 2022
MINNEAPOLIS, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq:TCMD), a medical technology company providing therapies for people with chronic disorders, t...
Tactile Medical Appoints Carmen Volkart to Board of Directors
MINNEAPOLIS, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chronic disorders, ...
Tactile Medical to Participate in the Piper Sandler 34th Annual Healthcare Conference
MINNEAPOLIS, Nov. 22, 2022 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq:TCMD), a medical technology company focused on developing medical devices for the treatment ...
Tactile Medical Reaches Agreement to Settle Securities Class Action Lawsuit
MINNEAPOLIS, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical” or the “Company”) (Nasdaq:TCMD), a medical technology company focused on developing medical devices f...
Tactile Systems Technology, Inc. Reports Third Quarter 2022 Financial Results; Raises Full Year 2022 Outlook
Third Quarter Revenue Increased 24% Year-Over-Year; First Nine Months Revenue Increased 18% Year-Over-Year Third Quarter Revenue Increased 24% Year-Over-Year; First Nine Months Revenue Increased 18% Y...
Tactile Medical to Release Third Quarter of Fiscal Year 2022 Financial Results on November 7, 2022
MINNEAPOLIS, Sept. 26, 2022 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq:TCMD), a medical technology company focused on developing medical devices for the treatment...
Tactile Medical to Participate in the Morgan Stanley 20th Annual Global Healthcare Conference
MINNEAPOLIS, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq:TCMD), a medical technology company focused on developing medical devices for the treatment...
Tactile Systems Technology, Inc. Reports Second Quarter 2022 Financial Results; Raises Full Year 2022 Outlook
Second Quarter Revenue Increased 17% Year-Over-Year; First Half Revenue Increased 15% Year-Over-Year Second Quarter Revenue Increased 17% Year-Over-Year; First Half Revenue Increased 15% Year-Over-Yea...
Tactile Medical Introduces New ComfortEase™ Flexitouch® Plus Garments and Kylee™ Mobile Application
Flexitouch Plus garments redesigned to improve the patient experience; the Kylee app empowers patients through digital health monitoring Flexitouch Plus garments redesigned to improve the patient expe...
Tactile Medical to Release Second Quarter of Fiscal Year 2022 Financial Results on August 1, 2022
MINNEAPOLIS, July 12, 2022 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq:TCMD), a medical technology company focused on developing medical devices for the treatment ...
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Tactile Systems Technology, Inc.
Wilmington, Delaware--(Newsfile Corp. - June 29, 2022) - Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Tactile Systems Technology, Inc. (NASDAQ: TCMD) on ...
Tactile Medical Announces Publication of Expert Opinion Consensus Statement in Phlebology Recommending the Use of Pneumatic Compression for Lymphedema
Consensus that Patients with Chronic Venous Insufficiency Should be Considered Lymphedema Patients Consensus that Patients with Chronic Venous Insufficiency Should be Considered Lymphedema Patients
Tactile Medical to Present at the William Blair 42nd Annual Growth Stock Conference
MINNEAPOLIS, May 25, 2022 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq:TCMD), a medical technology company focused on developing medical devices for the treatment o...
Grabar Law Office Investigates Potential Shareholder Action on Behalf of Current Shareholders of Tactile Systems Technology, Inc. After Class Action Claims Survive Motion to Dismiss
Philadelphia, Pennsylvania--(Newsfile Corp. - May 9, 2022) - Claims alleged in a class action lawsuit that was filed in 2020 against Tactile Systems Technology, Inc. (NASDAQ: TCMD) have survived a mot...
TACTILE SYSTEMS INVESTIGATION CONTINUED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Tactile Systems Technology, Inc. - TCMD
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its investigat...
Grabar Law Office Investigates Potential Shareholder Action on Behalf of Current Shareholders of Tactile Systems Technology, Inc. (TCMD) After Class Action Partially Survives Motion to Dismiss
Philadelphia, Pennsylvania--(Newsfile Corp. - May 3, 2022) - A class action lawsuit that was filed in 2020 against Tactile Systems Technology, Inc. (NASDAQ: TCMD) has survived a motion to dismiss. The...