Lemaitre Vascular (LMAT) Tops Q1 EPS by 1c; Withdraws Outlook

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Go back to Lemaitre Vascular (LMAT) Tops Q1 EPS by 1c; Withdraws Outlook

LeMaitre Vascular Announces Q1 2020 Financial Results

April 30, 2020 4:06 PM EDT

BURLINGTON, Mass., April 30, 2020 (GLOBE NEWSWIRE) -- LeMaitre Vascular, Inc. (Nasdaq: LMAT), a provider of vascular devices, implants and services, today reported Q1 2020 results and announced a $0.095/share quarterly dividend.

Q1 2020 Results

Record sales of $30.6mm, +7% (-1% organic) vs. Q1 2019Operating income of $4.4mm, -2%Net income of $3.2mm, -10%Earnings of $0.16 per diluted share, -11%EBITDA of $5.7mm, +1%March 31, 2020 cash & equivalents of $30.6mm

The Company posted record sales in the Americas (+12%) and Europe/Middle East/Africa (+3%), offset by Asia/Pac (-11%). Sales growth... More