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Mar 31, 2021
LeMaitre Vascular Q1 2021 Earnings Report
Reported Q1 2021 results with sales growth and improved profitability.
Key Takeaways
LeMaitre Vascular reported strong Q1 2021 results, with a 17% increase in sales and an 83% increase in operating income. The company's bottom-line growth was driven by double-digit sales growth and restrained expenses. They also announced a quarterly dividend of $0.11/share.
Sales increased by 17% compared to Q1 2020, but decreased 5% organically.
Operating income increased by 83%.
Net income increased by 87%.
Earnings per diluted share increased by 83%.
Revenue by Geographic Location
Forward Guidance
The company provided forward guidance for the next quarter, projecting net sales between $37.0 million and $40.0 million, operating income between $8.0 million and $10.0 million, and earnings per share between $0.28 and $0.36.
Positive Outlook
- Projected net sales between $37.0 million and $40.0 million.
- Midpoint sales growth of +55%.
- Projected operating income between $8.0 million and $10.0 million.
- Midpoint operating income growth of +85%.
- Projected earnings per share between $0.28 and $0.36.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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