Tactile Systems Technology, Inc. (TCMD) Tops Q4 EPS by 9c
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Tactile Systems Technology, Inc. Reports Fourth Quarter and Full Year 2016 Financial Results; Provides 2017 Outlook
February 27, 2017 4:02 PM ESTMINNEAPOLIS, Feb. 27, 2017 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (Tactile Medical) (Nasdaq: TCMD), a medical technology company that develops and provides innovative medical devices for the treatment of chronic diseases at home, today reported financial results for the fourth quarter and year ended December 31, 2016. Â
Fourth Quarter 2016 Highlights
Revenue of $28.5 million increased 35% over revenue of $21.2 million in fourth quarter 2015. Flexitouch® revenue increased 36% year-over-year to $25.4 million, from $18.7 million.Revenue from sales of the Companys Entré and ACTitouch®... More