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LEMAITRE VASCULAR (LMAT)

Earnings summaries and quarterly performance for LEMAITRE VASCULAR.

Recent press releases and 8-K filings for LMAT.

LeMaitre Vascular Reports Strong Q3 2025 Financial Results and Updates Full-Year Guidance
LMAT
Earnings
Guidance Update
Product Launch
  • LeMaitre Vascular reported Q3 2025 organic sales growth of 12% and an adjusted gross margin of 70.8%. Adjusted operating income increased 29% to $16.9 million, and adjusted diluted EPS rose 27% to $0.62.
  • The company updated its full-year 2025 guidance, projecting $248 million in revenue (13% growth), an adjusted gross margin of 70.3%, and adjusted operating income of $63.7 million (22% increase). Full-year adjusted diluted EPS is expected to be $2.37, up 22%.
  • Product highlights include grafts sales up 23% and shunts up 18% in Q3. The international Autograft launch continues to exceed expectations, with Q3 sales of $1.4 million and an anticipated $2 million in Q4. German approval for RestorFlow was received in October, with distribution expected in Q2 2026.
  • LeMaitre Vascular ended Q3 with $343.1 million in cash and securities and generated $28.8 million in cash from operations. Management indicated that while the high cash balance provides optionality, they are not relaxing their standards for acquisitions.
  • The company implemented an 8% price increase for its 2026 U.S. hospital price list, with 55% of North American revenue now subject to price floors. The sales force ended Q3 with 152 reps and aims for 165 reps by year-end.
Nov 6, 2025, 10:00 PM
LeMaitre Vascular Reports Q3 2025 Financial Results and Updates Guidance
LMAT
Earnings
Guidance Update
Dividends
  • LeMaitre Vascular reported Q3 2025 sales of $61.0 million, an 11% increase (12% organic), with adjusted diluted EPS of $0.62, up 27%.
  • The company's adjusted gross margin for Q3 2025 was 70.8% and adjusted operating income was $16.9 million. Cash increased by $23.6 million sequentially to $343.1 million at the end of Q3 2025.
  • LeMaitre Vascular provided Q4 2025 sales guidance of $61.8 million to $63.8 million (midpoint $62.8 million) and full-year 2025 adjusted diluted EPS guidance of $2.37.
  • A quarterly dividend of $0.20 per share was announced, and the company has an ongoing share repurchase program authorized for up to $75.0 million of common stock.
Nov 6, 2025, 9:03 PM