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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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