Tactile Systems Technology (NASDAQ: TCMD) has set the date for the release of its third quarter financial results on Monday 4th November 2024, after market close. Investors and analysts will have a chance to analyze the company's performance during the quarter.
the enterprise is projected to announce an estimated per share $0.18 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $76.01 million for this period.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $0.85. This numbers can be credited to the company's total revenue, which amounted to an impressive $69.59 million during the same quarter.
Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $295.25 million. Additionally, they predict that the earnings per share for the company will hit profit of $0.58 by the end of the fiscal year.
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TCMD has scheduled a conference call on 4th November 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.
Tactile Systems Technology (TCMD) shares traded as low as $14.57 and as high as $14.86 on a day volume of 165.40 thousand shares, closed Friday's regular trading session at $14.69, an advance of 1.24 percent.
