Lemaitre Vascular (LMAT) Tops Q4 EPS by 10c, Offers Guidance

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LeMaitre Vascular Announces Q4 2018 Financial Results

February 19, 2019 4:05 PM EST

BURLINGTON, Mass., Feb. 19, 2019 (GLOBE NEWSWIRE) -- LeMaitre Vascular, Inc. (Nasdaq: LMAT), a provider of vascular devices, implants and services, today reported Q4 2018 results, provided guidance, announced a 21% dividend increase to $0.085/share and announced a share repurchase program.

Q4 2018 Results

Record sales of $28.4mm, +9% (+6% organic) vs. Q4 2017Operating income of $7.2mm vs. $6.3mm, +14%Net income of $6.0mm vs. $4.3mm, +41%Earnings of $0.30 per diluted share vs. $0.21, +41%EBITDA of $8.3mm vs. $7.4mm, +13%        

Q4 2018 sales were driven by embolectomy catheters,... More