Tactile Systems Tech Q3 2023 Adj EPS $0.85 Beats $0.04 Estimate, Sales $69.59M Beat $69.07M Estimate
Portfolio Pulse from saritha@benzinga.com
Tactile Systems Tech (NASDAQ:TCMD) reported Q3 2023 earnings of $0.85 per share, beating the analyst consensus estimate of $0.04 by 2025 percent. This is a 844.44 percent increase from the same period last year. The company also reported quarterly sales of $69.59 million, beating the analyst consensus estimate of $69.07 million by 0.75 percent, a 6.63 percent increase from the same period last year.
November 06, 2023 | 9:26 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Tactile Systems Tech significantly beat both earnings and sales estimates for Q3 2023. This could lead to a positive market reaction.
Tactile Systems Tech reported significantly higher earnings and sales than expected. This strong performance could increase investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100