Tactile Systems Tech: Q4 Earnings Insights

Tactile Systems Tech (NASDAQ:TCMD) reported its Q4 earnings results on Tuesday, February 22, 2022 at 04:05 PM. Here's what investors need to know about the announcement.

Tactile Systems Tech (NASDAQ:TCMD) reported its Q4 earnings results on Tuesday, February 22, 2022 at 04:05 PM.

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

Earnings

Tactile Systems Tech missed estimated earnings by 660.0%, reporting an EPS of $-0.28 versus an estimate of $0.05.

Revenue was up $2.53 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.2 which was followed by a 23.01% drop in the share price the next day.

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

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.12 0.01 -0.15 0.24
EPS Actual -0.08 0.07 -0.12 0.61
Revenue Estimate 57.44M 49.92M 41.73M 58.22M
Revenue Actual 52.50M 51.06M 42.77M 59.20M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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

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