Tactile Systems Technology Shares Fall After Q2 Results, Lowered 2026 Revenue Guidance

MT Newswires Live

Aug 12

Tactile Systems Technology (TCMD) shares were down 16.8% in Tuesday trading after the company reported late Monday its Q2 results and lowered its revenue guidance for the full-year.

The company posted quarterly net income of $0.34 per share, compared with $0.14 a year earlier.

Four analysts polled by FactSet expected $0.14.

Revenue for the quarter that ended June 30 was $85.7 million, compared with $78.9 million a year earlier.

Analysts surveyed by FactSet expected $85.5 million.

The company said it now expects full year total revenue in the range of $360 million to $366 million, compared with $360 million to $368 million previously.

Analysts expect $362 million.

Price: 24.27, Change: -4.87, Percent Change: -16.72

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