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LeMaitre Vascular Q3 Earnings, Sales Increase; Q4 Guidance Set
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LeMaitre Vascular Q3 Earnings, Sales Increase; Q4 Guidance Set
Nov 4, 2024 11:48 AM

05:59 PM EDT, 10/31/2024 (MT Newswires) -- LeMaitre Vascular ( LMAT ) reported Q3 earnings late Thursday of $0.49 per diluted share, up from $0.33 a year earlier.

Analysts polled by Capital IQ expected $0.44.

Net sales for the quarter ended Sept. 30 were $54.8 million, up from $47.4 million a year earlier. Analysts surveyed by Capital IQ expected $53.5 million.

For Q4, the company expects EPS of $0.47 to $0.51 on sales of $54.9 million to $56.9 million. Analysts polled by Capital IQ expect EPS of $0.46 and revenue of $55.5 million.

For full-year 2024, the company expects EPS of $1.91 to $1.96 on sales of $219 million to $221 million. Analysts polled by Capital IQ are looking for EPS of $1.85 and revenue of $218.3 million.

The company said its board kept the quarterly dividend at $0.16 per share, payable on Dec. 5 to shareholders of record on Nov. 21.

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