---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-001329"
form_type: "8-K"
ticker: "TCMD"
cik: "0001027838"
company_name: "TACTILE SYSTEMS TECHNOLOGY INC"
filed_at: "2024-02-20T23:59:59+00:00"
generated_at: "2026-06-05T22:37:53.722726+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tactile Medical Q4 net income up 77% to $8.2M; FY revenue $274.4M (+11%); introduces FY24 outlook $300-305M

## Summary
- Q4 2023 revenue $77.7M (+5% YoY); net income $8.2M (+77%); diluted EPS $0.35 vs $0.23.
- FY2023 revenue $274.4M (+11% YoY); net income $28.5M (vs net loss $17.9M in 2022); diluted EPS $1.23.
- FY2023 adjusted EBITDA $29.7M (+62% YoY); operating cash flow $35.9M (+$30.6M); debt down to $29.3M.
- FY2024 revenue guidance $300M-$305M (9-11% growth); cash $61.0M; completed $16.8M revolver retirement.
- Over 77,000 patients treated; introduced Entre Plus and Flexitouch ComfortEase upper extremity garments.

## SEC filing metadata
- accession: 0001558370-24-001329
- form_type: 8-K
- ticker: TCMD
- cik: 0001027838
- company_name: TACTILE SYSTEMS TECHNOLOGY INC
- filed_at: 2024-02-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1027838/000155837024001329/0001558370-24-001329-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1027838/000155837024001329/tcmd-20240220x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-001329
- JSON: https://secwatch.observer/filing/0001558370-24-001329.json
- Plain text: https://secwatch.observer/filing/0001558370-24-001329.txt

## Key facts
- Earnings Releases
  TACTILE SYSTEMS TECHNOLOGY INC reported the fourth quarter and full year ended December 31, 2023 results: revenue $77.7 million, net income $8.2 million, or $0.35 per diluted share, EPS $0.35 per diluted share. Guidance initiated.
  - Period: the fourth quarter and full year ended December 31, 2023
  - Revenue: $77.7 million
  - Net income: $8.2 million, or $0.35 per diluted share
  - EPS: $0.35 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: , today reported financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Highlights: ● Total revenue increased 5% over prior year to $77.7 million ● Net income increased 77% over prior year to $8.2 million ● Adjusted EBITDA increased 27% over prior year to $15.4 million ● Retired $16.8 million revolving line of credit and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1027838/000155837024001329/0001558370-24-001329-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.