BURLINGTON, Mass. (AP) _ LeMaitre Vascular Inc. (LMAT) on Thursday reported fourth-quarter net income of $4.6 million.
On a per-share basis, the Burlington, Massachusetts-based company said it had net income of 23 cents.
The results matched Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 23 cents per share.
The medical device maker posted revenue of $30.2 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $30.5 million.
For the year, the company reported profit of $17.9 million, or 88 cents per share. Revenue was reported as $117.2 million.
For the current quarter ending in April, LeMaitre expects its per-share earnings to range from 14 cents to 17 cents.
The company said it expects revenue in the range of $30.5 million to $31.7 million for the fiscal first quarter.
LeMaitre expects full-year earnings in the range of 90 cents to 98 cents per share, with revenue ranging from $127.4 million to $130.8 million.
LeMaitre shares have increased 1% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $36.39, a rise of 53% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LMAT at https://www.zacks.com/ap/LMAT
Automated Insights, source Associated Press News