Lemaitre Vascular (LMAT) Prelim. Q3 Revenue Misses Views, EPS In-Line

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LeMaitre Vascular Announces Preliminary Q3 2018 Results

October 4, 2018 4:48 PM EDT

BURLINGTON, Mass., Oct. 04, 2018 (GLOBE NEWSWIRE) -- LeMaitre Vascular, Inc. (Nasdaq: LMAT), a provider of vascular devices, implants and services, announced today Q3 2018 preliminary unaudited results, provided Q4 2018 and updated full year 2018 guidance, and announced a $0.07/share dividend.

Q3 2018 Preliminary Results

Sales of $24.2mm vs. $24.8mm in Q3 2017 (-3% reported, +1% organic)Gross margin of 71.4% vs. 70.8%Operating income of $4.6mm vs. $5.1mm, (-9%)Operating margin of 19% versus 20%Net income of $4.3mm vs. $5.0mm, (-14%)Earnings of $0.21 per diluted share vs. $0.25,... More