Loading...
•
Sep 30, 2020
LeMaitre Vascular Q3 2020 Earnings Report
Reported a strong third quarter driven by sales growth and expense control.
Key Takeaways
LeMaitre Vascular reported a 25% increase in sales to $36.4 million and a 70% increase in operating income to $10.0 million in Q3 2020. Net income increased by 45% to $7.5 million, and earnings per diluted share increased by 44% to $0.37. The company's cash and equivalents increased by $9.3 million to $34.4 million, while debt decreased by $4.5 million to $60.5 million.
Sales of $36.4 million, up 25% year-over-year (down 3% organically).
Operating income of $10.0 million, up 70% year-over-year.
Net income of $7.5 million, up 45% year-over-year.
Cash and equivalents increased to $34.4 million.
Forward Guidance
The company provided financial guidance for the upcoming period.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...