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LeMaitre: 4Q Earnings Snapshot

BURLINGTON, Mass. (AP) _ LeMaitre Vascular Inc. (LMAT) on Tuesday reported fourth-quarter profit of $6 million.

The Burlington, Massachusetts-based company said it had net income of 30 cents per share. Earnings, adjusted for non-recurring gains, came to 24 cents per share.

The medical device maker posted revenue of $28.4 million in the period.

For the year, the company reported profit of $22.9 million, or $1.13 per share. Revenue was reported as $105.6 million.

For the current quarter ending in April, LeMaitre said it expects revenue in the range of $27.7 million to $28.5 million.

The company expects full-year earnings to be 82 cents to 86 cents per share, with revenue ranging from $113 million to $114.4 million.

LeMaitre shares have risen 6 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $25.10, a decline of 29 percent in the last 12 months.


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