Tactile Systems Technology Analysts Increase Their Forecasts After Better-Than-Expected Q3 Earnings
1. TCMD reported Q3 earnings of 36 cents, surpassing estimates by 19 cents. 2. Quarterly sales reached $85.755 million, exceeding expectations of $79.306 million. 3. FY2025 sales guidance raised to $317-$321 million from $310-$315 million. 4. Shares soared 38.1% post-earnings, closing at $21.78. 5. Analysts have adjusted price targets, with Lake Street maintaining a Buy rating.