Tactile Systems Technology Inc

NASDAQ TCMD

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Tactile Systems Technology Inc Interest Expense 5 year CAGR for the quarter ending December 31, 2023

Tactile Systems Technology Inc Interest Expense 5 year CAGR is NA for the quarter ending December 31, 2023. Interest Expense is the cost of borrowing funds or the interest paid on outstanding debt. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Tactile Systems Technology Inc Interest Expense for the quarter ending March 31, 2023 was USD 993.00 K, a -83.57% change year over year.
  • Tactile Systems Technology Inc Interest Expense for the quarter ending March 31, 2022 was USD 6.04 M.
NASDAQ: TCMD

Tactile Systems Technology Inc

CEO Mr. Daniel L. Reuvers
IPO Date July 28, 2016
Location United States
Headquarters 3701 Wayzata Boulevard, Minneapolis, MN, United States, 55416
Employees 992
Sector Healthcare
Industry Medical devices
Description

Tactile Systems Technology, Inc., a medical technology company, develops and provides medical devices to treat underserved chronic diseases in the United States. It offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema in the home setting; and Entre Plus System, a portable pneumatic compression device for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers. The company also provides Kylee, a mobile application to help patients learn about lymphedema, track their symptoms, and treatment, as well as to share their progress with their doctor; and AffloVest, a portable high frequency chest wall oscillation vest to treat patients with retained pulmonary secretions resulting from bronchiectasis, cystic fibrosis, and various neuromuscular disorders. Tactile Systems Technology, Inc. was incorporated in 1995 and is headquartered in Minneapolis, Minnesota.

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StockViz Staff

September 20, 2024

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