---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-006794"
form_type: "8-K"
ticker: "TCMD"
cik: "0001027838"
company_name: "TACTILE SYSTEMS TECHNOLOGY INC"
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T21:38:38.070170+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TCMD Q1 revenue up 4% to $61.1M, net loss $2.2M; reaffirms FY2024 outlook; CEO transition

## Summary
- Total revenue $61.1M (+4% YoY); lymphedema +5%, airway clearance -4%.
- Net loss $2.2M ($0.09/diluted share) vs $1.9M loss in Q1 2023; adjusted EBITDA $1.0M vs $0.5M.
- Reaffirmed FY2024 revenue guidance $300M-$305M (9-11% growth).
- CEO Dan Reuvers retiring July 1, 2024; Sheri Dodd appointed President and CEO effective same date.
- Cash $60.7M, debt $28.5M; completed enrollment of 235-patient Flexitouch Plus trial.

## SEC filing metadata
- accession: 0001558370-24-006794
- form_type: 8-K
- ticker: TCMD
- cik: 0001027838
- company_name: TACTILE SYSTEMS TECHNOLOGY INC
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1027838/000155837024006794/0001558370-24-006794-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1027838/000155837024006794/tcmd-20240506x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-006794
- JSON: https://secwatch.observer/filing/0001558370-24-006794.json
- Plain text: https://secwatch.observer/filing/0001558370-24-006794.txt

## Key facts
- Earnings Releases
  TACTILE SYSTEMS TECHNOLOGY INC reported full year 2024 results: revenue The Company continues to expect full year 2024 total revenue in the range of $300 million to $305 million. Guidance reaffirmed.
  - Period: full year 2024
  - Revenue: The Company continues to expect full year 2024 total revenue in the range of $300 million to $305 million
  - Guidance: reaffirmed
  - Result: guidance update
  source text: The Company continues to expect full year 2024 total revenue in the range of $300 million to $305 million, representing growth of approximately 9% to 11% year-over-year, compared to total revenue of $274.4 million in 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1027838/000155837024006794/0001558370-24-006794-index.htm
- Earnings Releases
  TACTILE SYSTEMS TECHNOLOGY INC reported first quarter ended March 31, 2024 results: revenue Total revenue in the first quarter of 2024 increased $2.2 million, or 4%, to $61.1 million, net income Net loss in the first quarter of 2024 was $2.2 million, EPS ($0.09) per diluted share.
  - Period: first quarter ended March 31, 2024
  - Revenue: Total revenue in the first quarter of 2024 increased $2.2 million, or 4%, to $61.1 million
  - Net income: Net loss in the first quarter of 2024 was $2.2 million
  - EPS: ($0.09) per diluted share
  - Result: reported results
  source text: Total revenue in the first quarter of 2024 increased $2.2 million, or 4%, to $61.1 million, compared to $58.8 million in the first quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1027838/000155837024006794/0001558370-24-006794-index.htm

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