Lemaitre Vascular (LMAT) Tops Q2 EPS by 4c, Beats on Revenue; Offers FY23 Guidance

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LeMaitre Q2 2023 Financial Results

August 1, 2023 4:05 PM EDT

BURLINGTON, Mass., Aug. 01, 2023 (GLOBE NEWSWIRE) -- LeMaitre (Nasdaq: LMAT), a provider of vascular devices, implants and services, today reported Q2 2023 results, announced a $0.14/share quarterly dividend and provided guidance.

Q2 2023 Financial Results

Sales $50.1mm, +19% (+16% organic) vs. Q2 2022Op. income $9.5mm, +63% (+8% adjusted)Op. margin 19%Net income $8.1mm, +130% (+27% adjusted)Earnings per diluted share $0.36, +127% (+25% adjusted)Cash up $9.2mm to $90.2mm

Bovine patches (+16%),... More