Tactile Systems Technology, Inc. (TCMD) Reports Preliminary Q4 Revenue Results

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Tactile Systems Technology, Inc. Reports Preliminary Full Year and Fourth Quarter 2018 Revenue Results

January 7, 2019 4:05 PM EST

MINNEAPOLIS, Jan. 07, 2019 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (Tactile Medical) (Nasdaq: TCMD), a medical technology company focused on developing medical devices for the treatment of chronic diseases at home, today reported preliminary revenue results for the full year and fourth quarter ended December 31, 2018.

Preliminary Full Year 2018 Revenue Summary:

Full year 2018 total revenue is expected to be in the range of $142.8 million to $143.3 million, representing growth of approximately 31% year-over-year. 2018 revenue is expected to be comprised of:-- Flexitouch system revenue in the range of $131.3 million to $131.8 million, representing growth of... More