Tactile Systems Technology, Inc. (TCMD) jumped 39.38% to $21.98, up $6.21, after releasing third-quarter results that significantly beat expectations.
The company posted revenue of $85.8 million, up 17 percent year-over-year, and net income of $8.2 million, or $0.36 per share, surpassing analyst estimates.
Management also raised full-year 2025 revenue guidance to $317-$321 million (growth of 8-10 percent) and announced a new share-repurchase program of up to $25 million, signaling confidence in future execution.
The market reaction reflects the strong operational performance driven by a 71 percent increase in the airway-clearance product line and improved margin leverage. Investors should monitor the sustainability of the growth trajectory and the effectiveness of the share-buyback program.
https://www.nasdaq.com/articles/tactile-systems-surges-39-strong-q3-beat-guidance-upgrade
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