LeMaitre: Q3 Earnings Snapshot

Associated Press Finance
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BURLINGTON, Mass. (AP) — BURLINGTON, Mass. (AP) — LeMaitre Vascular Inc. (LMAT) on Wednesday reported third-quarter net income of $7.5 million.

The Burlington, Massachusetts-based company said it had profit of 33 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share.

The medical device maker posted revenue of $47.4 million in the period, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $47.7 million.

For the current quarter ending in December, LeMaitre said it expects revenue in the range of $48 million to $50 million.

The company expects full-year earnings in the range of $1.32 to $1.36 per share, with revenue ranging from $192.6 million to $194.6 million.

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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

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