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

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Tactile Systems Technology, Inc. (TCMD) Reports Q2 EPS of $0.20, Sales Beat; Raises Outlook

August 7, 2017 4:13 PM EDT

Tactile Systems Technology, Inc. (NASDAQ: TCMD) reported Q2 EPS of $0.20, versus $0.04 reported last year. Revenue for the quarter came in at $26.3 million versus the consensus estimate of $23.89 million.

We had outstanding revenue growth in the second quarter and first half of 2017, driven by the combination of strong operational execution and exceptional performance in sales of our Flexitouch system, said Gerald... More