LeMaitre Vascular, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2021
October 28, 2021 at 04:05 pm EDT
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LeMaitre Vascular, Inc. provided earnings guidance for the fourth quarter and full year of 2021. For the quarter, the company expects sales of $39.0 million to $41.0 million and EPS of $0.29 to $0.34. The company expects operating income in the range of $8.3 million to $9.7 million.
For the year, the company expects sales of $153.9 million to $155.9 million and EPS of $1.26 to $1.31. The company expects operating income in the range of $36.5 million to $37.8 million.
LeMaitre Vascular, Inc. is a provider of devices, implants, and services for the treatment of peripheral vascular disease. The Company develops, manufactures, and markets disposable and implantable vascular devices to address the needs of its core customer, the vascular surgeon. Its portfolio of product lines is primarily used to treat vascular disease, of which most are used in open vascular surgery and dialysis access. It also offers human vascular and cardiac tissue cryopreservation services. Its principal product lines include anastomotic clips, biologic vascular and dialysis grafts, biologic vascular and cardiac patches, carotid shunts, embolectomy catheters, occlusion catheters, radiopaque marking tape, synthetic vascular and dialysis grafts, and valvulotomes. The Companyâs principal biologic offerings include vascular and cardiac patches as well as vascular and dialysis grafts. The Company sells its products and services primarily through a direct sales force.