Tactile Systems Technologies Sees FY24 Revenue $300M-$305M Vs $309.197M Est.
Portfolio Pulse from Benzinga Newsdesk
Tactile Systems Technologies projects its FY24 revenue to be between $300M-$305M, which is below the estimated $309.197M.
February 20, 2024 | 1:50 pm
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Tactile Systems Technologies forecasts its FY24 revenue to be lower than expected, projecting $300M-$305M against a $309.197M estimate.
The projected revenue for FY24 being lower than the market estimate suggests potential challenges in growth or market conditions that could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100