Tactile Systems Technology (TCMD) shares were down 16.8% in Tuesday trading after the company reported late Monday its Q2 results and lowered its revenue guidance for the full-year.
The company posted quarterly net income of $0.34 per share, compared with $0.14 a year earlier.
Four analysts polled by FactSet expected $0.14.
Revenue for the quarter that ended June 30 was $85.7 million, compared with $78.9 million a year earlier.
Analysts surveyed by FactSet expected $85.5 million.
The company said it now expects full year total revenue in the range of $360 million to $366 million, compared with $360 million to $368 million previously.
Analysts expect $362 million.
Price: $24.27, Change: $-4.87, Percent Change: -16.72%