Tactile Systems Technology, Inc. Reports First Quarter 2017 Financial Results; Updates 2017 Outlook

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Tactile Systems Technology, Inc. (TCMD) Tops Q1 EPS by 5c; Raises Outlook

May 8, 2017 4:06 PM EDT

Tactile Systems Technology, Inc. (NASDAQ: TCMD) reported Q1 EPS of ($0.09), $0.05 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $19.9 million versus the consensus estimate of $16.17 million.

Revenue increased 45% year-over-year, to $19.9 million, compared to $13.7 million in first quarter 2016. - Flexitouch® revenue increased 50%... More