LeMaitre Vascular Posts $15M Third-Quarter Net Income
LMAT is trading near its 52-week low of $78.22 (12% above the low).
Summary
LeMaitre Vascular reported third-quarter net income of $15 million, per Dow Jones Newswires, with EPS of 65 cents and sales of $68 million. That compares with a $70.4 million sales quarter and $0.74 EPS in Q2, when gross margin ran 72.1% and management guided Q3 gross margin to 72.2%. The print lands as President David B. Roberts prepares to retire effective December 31, 2026, after 29 years, an 8-K filed October 15 disclosed. Full release details will determine whether the quarter held the margin trend management projected.
At the time of this announcement, LMAT was trading at $87.92 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $2B. The 52-week trading range was $78.22 to $118.01. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.