LeMaitre: Q4 Earnings Snapshot

Associated Press Finance
28 Feb

BURLINGTON, Mass. (AP) — BURLINGTON, Mass. (AP) — LeMaitre Vascular Inc. (LMAT) on Thursday reported fourth-quarter net income of $11.2 million.

The Burlington, Massachusetts-based company said it had net income of 49 cents per share.

The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 49 cents per share.

The medical device maker posted revenue of $55.7 million in the period, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $56.1 million.

For the current quarter ending in March, LeMaitre said it expects revenue in the range of $56.7 million to $58.7 million.

The company expects full-year earnings to be $2.15 to $2.32 per share, with revenue ranging from $235.4 million to $242.8 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LMAT at https://www.zacks.com/ap/LMAT

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