LeMaitre: Q4 Earnings Snapshot

Associated Press Finance
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BURLINGTON, Mass. (AP) — BURLINGTON, Mass. (AP) — LeMaitre Vascular Inc. (LMAT) on Tuesday reported fourth-quarter earnings of $8.5 million.

The Burlington, Massachusetts-based company said it had profit of 38 cents per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share.

The medical device maker posted revenue of $48.9 million in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $49.2 million.

For the year, the company reported profit of $30.1 million, or $1.34 per share. Revenue was reported as $193.5 million.

For the current quarter ending in March, LeMaitre said it expects revenue in the range of $50.5 million to $52.9 million.

The company expects full-year revenue in the range of $209.7 million to $214.3 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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