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.