Tactile Systems Technology Inc logo

TCMD

Tactile Systems Technology Inc

$10.15

Earnings Summary

Revenue
$0.06Mn
Net Profits
$-0Mn
Net Profit Margins
-7.78%

Highlights

Revenue:

Tactile Systems Technology Inc’s revenue fell -99.88% since last year same period to $0.06Mn in the Q2 2022. On a quarterly growth basis, Tactile Systems Technology Inc has generated -99.88% fall in its revenue since last 3-months.

Net Profits:

Tactile Systems Technology Inc’s net profit fell -100.36% since last year same period to $-0Mn in the Q2 2022. On a quarterly growth basis, Tactile Systems Technology Inc has generated 99.97% jump in its net profits since last 3-months.

Net Profit Margins:

Tactile Systems Technology Inc’s net profit margin fell -404.38% since last year same period to -7.78% in the Q2 2022. On a quarterly growth basis, Tactile Systems Technology Inc has generated 76.03% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Tactile Systems Technology Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.15
EPS Estimate Current Year
-0.15

Highlights

EPS Estimate Current Quarter:

Tactile Systems Technology Inc’s earning per share (EPS) estimates for the current quarter stand at -0.15 - a 46.43% jump from last quarter’s estimates.

EPS Estimate Current Year:

Tactile Systems Technology Inc’s earning per share (EPS) estimates for the current year stand at -0.15.

Key Ratios

Key ratios of the Tactile Systems Technology Inc post its Q2 2022 earnings

Earning Per Share (EPS)
-0.23
Return on Assets (ROA)
-0.01
Return on Equity (ROE)
-0.09
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Tactile Systems Technology Inc’s earning per share (EPS) fell -428.57% since last year same period to -0.23 in the Q2 2022. This indicates that the Tactile Systems Technology Inc has generated -428.57% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Tactile Systems Technology Inc’s return on assets (ROA) stands at -0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Tactile Systems Technology Inc’s return on equity (ROE) stands at -0.09.

Dividend Per Share (DPS):

Tactile Systems Technology Inc declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-02
-0.28
-0.78
-178.57%
2022-08-01
-0.15
-0.23
-53.33%

Company Information

Tactile Medical is a leader in developing and marketing at-home therapy devices that treat chronic swelling conditions such as lymphedema and chronic venous insufficiency. Tactile Medical's Mission is to help people suffering from chronic diseases live better and care for themselves at home. The Company's unique offering includes advanced, clinically proven pneumatic compression devices, as well as continuity of care services provided by a national network of product specialists and trainers, reimbursement experts, patient advocates and clinicians. This combination of products and services ensures that tens of thousands of patients annually receive the at-home treatment necessary to better manage their chronic conditions. Tactile Medical takes pride in the fact that its solutions help increase clinical efficacy, reduce overall healthcare costs and improve the quality of life for patients with chronic conditions.

Organisation
Tactile Systems Technology Inc
Headquarters
Minneapolis, Minnesota, US
Employees
707
Industry
Health Technology
CEO
Gerald Mattys