BofA update shows where active managers are putting money
Investing.com - Tactile Systems Technology (NASDAQ:TCMD), which maintains an impressive "GREAT" financial health score according to InvestingPro, reported second-quarter revenue of $78.9 million and earnings per share of $0.14, exceeding both Oppenheimer’s estimates of $74.1 million and $0.11 and consensus estimates of $73.9 million and $0.11.
The company’s core lymphedema revenue increased approximately 2% to $66.0 million, driven by expanded sales team headcount and improved productivity. AffloVest contributed $12.9 million to total revenue, representing a 52% year-over-year increase. The company maintains strong financial fundamentals with a healthy current ratio of 4.52x and more cash than debt on its balance sheet.
Tactile Systems increased its sales representative count to 293 from 264 and expects to exceed 300 representatives by the end of 2025. The company reports that CRM launch-related disruptions are now largely resolved, with representative productivity expected to improve throughout the remainder of the year.
The company completed its current share repurchase program, buying back $16.5 million in shares during the second quarter. Management raised the lower end of its fiscal year 2025 revenue guidance, now projecting $310-315 million.
Oppenheimer maintained its Perform rating on Tactile Systems, citing uncertainty regarding two unsealed qui tam lawsuits filed in 2021 as a factor limiting confidence in growth acceleration. According to InvestingPro analysis, the stock appears undervalued at current levels, with 8 additional exclusive insights available to subscribers. For comprehensive analysis of TCMD and 1,400+ other stocks, access the full Pro Research Report on the InvestingPro platform.
In other recent news, Tactile Systems Technology Inc reported its Q2 2025 earnings, showing a mixed financial outcome. The company announced an earnings per share (EPS) of $0.14, which was below the anticipated $0.17, marking a 17.65% miss. However, the revenue for the quarter was $78.9 million, exceeding expectations by 6.72%. This revenue performance highlights a positive aspect of the company’s financials, despite the EPS shortfall. There were no updates regarding mergers or acquisitions. Analyst firms did not report any upgrades or downgrades for Tactile Systems Technology Inc during this period. These developments are part of the company’s recent financial disclosures.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.