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.

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.

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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