Tactile Systems Tech Q2 2024 Adj. EPS $0.20 Beats $0.12 Estimate, Sales $73.218M Beat $72.800M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tactile Systems Tech (NASDAQ:TCMD) reported Q2 2024 adjusted EPS of $0.20, beating the $0.12 estimate by 66.67%. Sales were $73.218M, surpassing the $72.800M estimate and marking a 7.14% increase from the same period last year.
August 05, 2024 | 8:15 pm
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Tactile Systems Tech reported strong Q2 2024 earnings, with EPS of $0.20 beating estimates by 66.67% and sales of $73.218M surpassing expectations. This performance indicates robust financial health and growth.
The significant beat on EPS and the slight beat on sales indicate strong financial performance and growth, likely leading to positive investor sentiment and a short-term increase in stock price.
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IMPORTANCE 90
RELEVANCE 100