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LeMaitre Vascular, Inc. provides devices, implants, and services for the treatment of peripheral vascular disease. The company develops, manufactures, and markets disposable and implantable vascular devices for vascular surgeons, with products used in arteries and veins.
Recurring LMAT news includes quarterly financial results, guidance, dividend declarations, and management presentations at healthcare investor conferences. Company updates also discuss product categories such as Artegraft, grafts, valvulotomes, and carotid shunts, along with sales activity across the Americas, EMEA, and Asia Pacific.
LeMaitre Vascular (Nasdaq: LMAT) announced its participation in three investor conferences throughout September 2020. JJ Pellegrino, CFO, will engage in the Barrington Research Virtual Fall Investment Conference on September 9, followed by a presentation at the Cantor Virtual Global Healthcare Conference on September 15 at 4:00 PM EDT. Pellegrino will also present at the Sidoti Virtual Investor Conference on September 23 at 10:45 AM EDT. LeMaitre specializes in devices for treating peripheral vascular disease, impacting over 200 million globally.
LeMaitre Vascular, Inc. (Nasdaq: LMAT) announced participation in two upcoming investor conferences in August 2020. CFO JJ Pellegrino will present at the virtual Canaccord Genuity 40th Annual Growth Conference on August 13 at 8:00 AM EDT. Additionally, President David Roberts will attend the virtual 5th Annual Needham Med Tech & Diagnostics 1×1 Conference on August 17. LeMaitre Vascular specializes in devices and services for peripheral vascular disease, which affects over 200 million people globally, offering a diverse range of vascular devices for surgeons.
LeMaitre Vascular, Inc. (LMAT) reported Q2 2020 results, with sales of $24.9 million, a decline of 16% year-over-year. Operating income fell 18% to $4.9 million, while net income decreased by 24% to $3.5 million, resulting in earnings of $0.17 per diluted share, down 25%. Despite a 20% operating margin, sales declined significantly due to the COVID-19 pandemic, particularly in the Americas and Europe. The company announced a quarterly dividend of $0.095 per share and provided limited Q3 guidance, projecting sales between $30.5 million and $34.5 million.
LeMaitre Vascular, Inc. (Nasdaq: LMAT) will release its second quarter 2020 financial results on July 23, 2020, after market close. A conference call is scheduled for 5:00 PM EDT to discuss results, business highlights, and company outlook. LeMaitre offers devices and services for peripheral vascular disease, which affects over 200 million people globally. The company specializes in developing disposable and implantable vascular devices, targeting vascular surgeons with its diverse product portfolio.
LeMaitre Vascular, Inc. (Nasdaq: LMAT) announced the acquisition of Artegraft, Inc. for $90 million, which includes $72.5 million in cash and potential earnouts of $17.5 million. Artegraft, known for its biologic vascular grafts used primarily in hemodialysis patients, generated $15.6 million in trade sales over the last year. This acquisition is expected to enhance LeMaitre's product offerings and profitability, positioning Artegraft as the largest product line in their sales portfolio. The deal will be funded through cash and a $65 million credit facility.
LeMaitre Vascular, Inc. (Nasdaq: LMAT) announced that CFO JJ Pellegrino will speak at the Jefferies Virtual Healthcare Conference on June 4, 2020, at 2:00 PM EDT. LeMaitre Vascular specializes in developing and marketing devices for peripheral vascular disease, which impacts over 200 million individuals globally. The company offers a range of disposable and implantable vascular devices for use by vascular surgeons. More details can be found on their website at www.lemaitre.com.
LeMaitre Vascular, listed on Nasdaq under the symbol LMAT, will be presented by President David Roberts at the UBS Virtual Global Healthcare Conference on May 20, 2020, at 8:20 AM EDT. The company specializes in developing and marketing devices for peripheral vascular disease, impacting over 200 million people globally. Their extensive product range focuses on disposable and implantable vascular devices tailored for vascular surgeons, enhancing treatment options for patients.