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Interesting Stocks To Watch On Aug. 6 (TCMD, PODD, ATSG, STE, TDG)

What makes these stocks interesting?

Tactile Systems Technology Inc. (TCMD)

Q2 net income rose to $2.8 million or $0.14 per share versus $2.6 million or $0.13 per share last year; Consensus - $0.06 per share.

Total revenue increased 32% year-over-year, to $45.2 million, from $34.1 million last year.

Outlook

Tactile Systems now expects FY19 total revenue in the range of $182.0 million - $184.0 million, representing growth of 26.5% - 28% year-over-year, compared to total revenue of $143.8 million in 2018. The company's prior 2019 revenue guidance expectations called for total revenue in the range of $180.0 million - $182.5 million, representing growth of 25% - 27% year-over-year.

Wall Street analysts are looking for revenue of $182.06 million for 2019.

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Insulet Corp. (PODD)

Q2 net income was $1.4 million or $0.02 per share versus a loss of $1.7 million or $0.03 per share last year; Consensus - $0.02/Shr.

Q2 revenue was up 43% to $177.1 million from $124.3 million last year.

FY19 Outlook

The company raises revenue guidance to a range of $700 million - $715 million, representing growth of 24% - 27% (previously 18% - 22%); Consensus - $685.98 Mln.

Q3 Outlook

Insulet sees Q3 revenue in the range of $174 million - $181 million, representing growth of 15% - 20%; Consensus - $173.14 Mln.

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Air Transport Services Group Inc. (ATSG)

Q2 net loss was $26.6 million or $0.45 per share versus profit $24.6 million or $0.21 per share last year.

Q2 adj. earnings from cont. ops. increased to $18.6 million or $0.27 per share from $16.9 million or $0.25 per share last year; Consensus - $0.23 per share.

Q2 revenues rose to $334.6 million from $203.6 million last year.

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Steris plc (STE)

FY20 Outlook

Steris now sees FY adj. EPS in the range of $5.38 - $5.53, versus prior view of $5.28 - $5.43; Consensus - $5.40 per share.

Q1 Results

Q1 net income was $84.6 million or $0.99 per share versus $70.0 million or $0.82 per share last year.

Q1 adj. net income was $105.0 million or $1.23 per share versus $85.6 million or $1.00 per share last year; Consensus - $1.11 per share.

Q1 revenue increased 9% to $696.8 million from $638.8 million last year.

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TransDigm Group Inc. (TDG)

For fiscal 2019...

The company now projects earnings from continuing operations in a range of $13.19 - $13.51 per share

Now sees FY19 adj. earnings in a range of $17.93 - $18.25 per share; Consensus - $17.08 per share.

Now expects FY19 net sales between $5.50 billion and $5.55 billion; Consensus - $5.45 billion.

Previously, the company expected EPS from cont. ops. in the range of $11.75 - $12.43 and adjusted EPS of $16.47 - $17.15 on net sales between $5.395 billion and $5.485 billion.

Q3 Results

Net income from continuing operations decreased 33.5% to $144.5 million or $2.57 per share from $217.4 million or $3.91 per share last year.

Adjusted net income increased 24.7% to $278.4 million or $4.95 per share from $223.2 million or $4.01 per share last year; Consensus - $4.30 per share.

Net sales rose 69.1% to $1,658.3 million from $980.7 million prior year; Consensus - $1.58 billion.

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