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Market Impact: 0.22

Tactile Systems Technology (TCMD) Reports Q1 Loss, Tops Revenue Estimates

TCMD
Corporate EarningsAnalyst EstimatesCompany FundamentalsHealthcare & Biotech

Tactile Systems Technology reported a quarterly loss of $0.08 per share, missing the Zacks Consensus Estimate of a $0.07 loss by $0.01 per share. The result was still an improvement from a $0.13 per share loss a year ago. The report is modestly negative versus expectations, but the year-over-year earnings improvement should limit downside.

Analysis

Tactile Systems Technology reported a quarterly loss of $0.08 per share, missing the Zacks Consensus Estimate of a $0.07 loss by $0.01 per share. The result was still an improvement from a $0.13 per share loss a year ago. The report is modestly negative versus expectations, but the year-over-year earnings improvement should limit downside.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15

Ticker Sentiment

TCMD-0.35