Tactile Systems Technology Past Earnings Performance
Past criteria checks 2/6
Tactile Systems Technology's earnings have been declining at an average annual rate of -12.5%, while the Medical Equipment industry saw earnings growing at 2% annually. Revenues have been growing at an average rate of 11.3% per year. Tactile Systems Technology's return on equity is 14.7%, and it has net margins of 10.4%.
Key information
-12.5%
Earnings growth rate
-16.0%
EPS growth rate
Medical Equipment Industry Growth | 4.3% |
Revenue growth rate | 11.3% |
Return on equity | 14.7% |
Net Margin | 10.4% |
Next Earnings Update | 06 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Tactile Systems Technology makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 274 | 29 | 169 | 8 |
30 Sep 23 | 271 | 25 | 168 | 8 |
30 Jun 23 | 266 | 0 | 168 | 8 |
31 Mar 23 | 258 | -4 | 169 | 8 |
31 Dec 22 | 247 | -18 | 167 | 7 |
30 Sep 22 | 235 | -30 | 165 | 7 |
30 Jun 22 | 222 | -31 | 159 | 7 |
31 Mar 22 | 213 | -25 | 150 | 6 |
31 Dec 21 | 208 | -12 | 143 | 6 |
30 Sep 21 | 206 | 8 | 138 | 5 |
30 Jun 21 | 202 | 14 | 133 | 5 |
31 Mar 21 | 186 | -2 | 127 | 5 |
31 Dec 20 | 187 | -1 | 131 | 5 |
30 Sep 20 | 185 | -8 | 127 | 5 |
30 Jun 20 | 185 | -8 | 125 | 5 |
31 Mar 20 | 196 | 8 | 124 | 6 |
31 Dec 19 | 189 | 11 | 117 | 5 |
30 Sep 19 | 179 | 9 | 111 | 5 |
30 Jun 19 | 166 | 8 | 104 | 5 |
31 Mar 19 | 155 | 8 | 99 | 5 |
31 Dec 18 | 144 | 7 | 92 | 5 |
30 Sep 18 | 132 | 6 | 85 | 5 |
30 Jun 18 | 124 | 6 | 80 | 5 |
31 Mar 18 | 116 | 7 | 75 | 5 |
31 Dec 17 | 109 | 6 | 71 | 5 |
30 Sep 17 | 103 | 6 | 68 | 5 |
30 Jun 17 | 97 | 5 | 64 | 5 |
31 Mar 17 | 91 | 2 | 58 | 5 |
31 Dec 16 | 85 | 2 | 53 | 4 |
30 Sep 16 | 77 | 0 | 48 | 5 |
30 Jun 16 | 71 | 0 | 44 | 5 |
31 Mar 16 | 66 | -1 | 41 | 4 |
31 Dec 15 | 63 | 0 | 38 | 4 |
30 Sep 15 | 60 | 0 | 35 | 4 |
30 Jun 15 | 55 | 0 | 33 | 3 |
31 Mar 15 | 49 | 0 | 30 | 3 |
31 Dec 14 | 48 | 0 | 28 | 3 |
31 Dec 13 | 37 | 1 | 23 | 2 |
Quality Earnings: 3L3 has high quality earnings.
Growing Profit Margin: 3L3 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 3L3's earnings have declined by 12.5% per year over the past 5 years.
Accelerating Growth: 3L3 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 3L3 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Medical Equipment industry (-9.8%).
Return on Equity
High ROE: 3L3's Return on Equity (14.7%) is considered low.