Tactile Systems beats Q4 revenue estimates on strong growth in lymphedema products

Reuters
Feb 18
Tactile Systems beats Q4 revenue estimates on strong growth in lymphedema products

Overview

  • Medical technology firm's Q4 revenue rose 21%, beating analyst expectations

  • Adjusted EBITDA for Q4 beat analyst expectations

  • Company acquired LymphaTech to enhance lymphedema solutions portfolio

Outlook

  • Company expects 2026 revenue between $357 mln and $365 mln

  • Tactile Systems Technology anticipates 2026 adjusted EBITDA of $49 mln to $51 mln

  • Company anticipates continued momentum in lymphedema business for sustained market leadership

Result Drivers

  • LYMPHEDEMA PRODUCT GROWTH - Sales and rentals of lymphedema products increased by 16%, contributing significantly to revenue growth

  • AIRWAY CLEARANCE PRODUCT GROWTH - Sales of airway clearance products surged 66%, boosting overall revenue

  • ACQUISITION IMPACT - Acquisition of LymphaTech expanded lymphedema solutions and strengthened R&D capabilities

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Beat

$103.60 mln

$93.80 mln (5 Analysts)

Q4 EPS

$0.46

Q4 Net Income

$10.60 mln

Q4 Adjusted EBITDA

Beat

$22.90 mln

$17.007 mln (4 Analysts)

Q4 Operating Income

$18.80 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"

  • Wall Street's median 12-month price target for Tactile Systems Technology Inc is $33.50, about 26.7% above its February 13 closing price of $26.45

  • The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nGNX9QSzHt

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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