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Tactile Systems Technology Inc - TCMD STOCK NEWS

Welcome to our dedicated news page for Tactile Systems Technology (Ticker: TCMD), a resource for investors and traders seeking the latest updates and insights on Tactile Systems Technology.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Tactile Systems Technology's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Tactile Systems Technology's position in the market.

Rhea-AI Summary
Tactile Medical reports Q2 2023 financial results, with revenue increasing 15% YoY to $68.3M. Operating income of $2.1M compared to operating loss of $4.1M. Net loss of $0.1M compared to net loss of $4.6M. Adjusted EBITDA of $6.1M, up from $1.7M. Cash balance of $63.1M on June 30, 2023, compared to $55M on March 31, 2023. Raised full year 2023 financial guidance.
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Tactile Systems Technology Inc

Nasdaq:TCMD

TCMD Rankings

TCMD Stock Data

351.17M
21.62M
1.42%
90.27%
4.98%
Surgical and Medical Instrument Manufacturing
Manufacturing
Link
US
Minneapolis

About TCMD

tactile medical is one of the fastest growing companies in medical devices. as a leader in treatment options for lymphedema and venous ulcer therapies, tactile medical develops advanced home therapy devices to improve health and quality of life for patients with chronic swelling . headquartered in minneapolis, minnesota, we advocate for patient access and serve tens of thousands of patients through a direct national network of product specialists and trainers, reimbursement experts, patient advocates, and clinical staff.