NASDAQ$TCMD

Tactile Systems Technology Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Fourth quarter revenue increased and exceeded annual revenue guidance, despite COVID-19 disruptions.

Tactile Systems Technology, Inc. reported a 4% year-over-year increase in fourth-quarter revenue, reaching $59.2 million, and net income of $12.1 million. The company exceeded the high end of its annual revenue guidance range, and is positioned to improve its coverage and the productivity of its representatives.

  • Total revenue increased 4% year-over-year to $59.2 million compared to $57.1 million in Q4 2019.
  • Operating income was $7.0 million compared to $6.0 million in Q4 2019.
  • Net income was $12.1 million compared to $4.3 million in Q4 2019.
  • Cash, cash equivalents, and marketable securities totaled $47.9 million as of December 31, 2020, compared to $45.2 million as of December 31, 2019.

Headline financials

Total Revenue

$59.2M

Previous: $57.1M+3.7%
EPS (adj)

$0.61

Previous: $0.22+177.3%
Capital Expenditures

$436K

Previous: $1.17M-62.7%
Free Cash Flow

$4.6M

Previous: -$1.08M+525.8%
Net Income

$12.1M

Previous: $4.28M+182.8%
Operating Income

$7M

Previous: $6.05M+15.7%
Gross Profit

$41.9M

Previous: $41.1M+1.8%
Cash & Equivalents

$47.9M

Previous: $22.8M+110.2%
Total Assets

$174M

Previous: $152M+14.7%
Stock-Based Comp

$2.4M

Previous: $2.44M-1.5%

Revenue & EPS history

Tactile Systems · Revenue · Quarterly

$59.2M

Q4 2020+3.7%vs Q4 2019
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Tactile Systems · $68.3M total across 2 segments · Q2 2023

  • Lymphedema products
    $60M+16.2%
  • Airway clearance products
    $8.34M+4.1%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+3.1%

Avg return

Earnings day

+3.6%

Avg return

5 days after

+5.9%

Avg return

30 days after

64%

29 / 45 earnings

Positive

+40.6%

Q3 2025

Best reaction

-29.0%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+7.2%+14.5%+12.2%
Q4 2025+17.4%+2.2%-7.0%
Q3 2025+40.6%+57.6%+70.0%
Q1 2025-29.0%-31.6%-27.5%
Q4 2024-13.3%-16.6%-25.6%
Q3 2024-8.6%+2.2%+29.5%
Q2 2024+7.2%+8.6%+8.4%
Q1 2024+1.1%-2.6%-15.2%
Q4 2023-5.4%+8.0%+12.6%
Q3 2023-22.8%-16.9%+1.3%
Q2 2023-14.7%-10.2%-10.1%
Q1 2023+14.0%+15.7%+29.6%
Q4 2022+2.4%+7.6%+13.5%
Q3 2022+17.8%+27.5%+49.9%
Q2 2022+18.2%+15.0%+6.5%
Q1 2022+2.4%-22.9%-41.8%
Q4 2021+7.3%+29.9%+30.6%
Q3 2021-22.9%-22.1%-44.1%
Q2 2021-9.1%-10.8%-8.6%
Q1 2021-7.5%-2.4%-9.0%
Q4 2020-10.4%-15.0%-13.7%
Q3 2020+5.4%-2.7%+14.4%
Q2 2020-13.3%-8.4%-9.9%
Q1 2020-1.0%+3.2%+4.8%
Q4 2019-2.8%-6.3%-28.2%
Q3 2019+7.8%+12.4%+35.8%
Q2 2019-9.6%-7.6%-11.3%
Q1 2019+4.5%+4.0%-4.6%
Q4 2018+0.4%+2.9%-27.5%
Q3 2018-7.9%-5.6%-18.2%
Q2 2018+13.4%+12.4%+37.6%
Q1 2018+20.0%+26.8%+41.2%
Q4 2017+7.8%+1.6%-0.8%
Q3 2017-10.4%-7.6%-1.1%
Q2 2017+17.4%+7.7%+19.3%
Q1 2016+13.9%+22.1%+31.1%
Q1 2017+13.9%+22.1%+31.1%
Q1 2015+17.7%+10.2%+6.1%
Q4 2016+17.7%+10.2%+6.1%
Q4 2014+17.7%+10.2%+6.1%
Q3 2015+7.6%+2.1%-11.1%
Q3 2016+7.6%+2.1%-11.1%
Q4 2015+6.8%+3.9%+31.8%
Q2 2016+6.8%+3.9%+31.8%
Q2 2015+6.8%+3.9%+31.8%
Q3 2014
Q2 2014
Q1 2014

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