Tactile Systems Technology, Inc. (TCMD) Tops Q4 EPS by 15c

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Go back to Tactile Systems Technology, Inc. (TCMD) Tops Q4 EPS by 15c

Tactile Systems Technology, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results; Introduces Full Year 2023 Outlook

February 21, 2023 7:07 AM EST

MINNEAPOLIS, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (Tactile Medical) (Nasdaq: TCMD), a medical technology company providing therapies for people with chronic disorders, today reported financial results for the fourth quarter and full year ended December 31, 2022.

Fourth Quarter 2022 Summary:

Total revenue increased 20% year-over-year to $73.9 million, compared to $61.7 million in fourth quarter 2021 Revenue from lymphedema products increased 14% year-over-year to $65.8 millionRevenue from airway clearance products increased 90% year-over-year to $8.1 million... More