earnings
confidence high
sentiment positive
materiality 0.75
LeMaitre Q2 2021 sales $40.7M (+64% YoY), EPS $0.40; declares $0.11 dividend; FY21 guidance raised
LEMAITRE VASCULAR INC
2021-Q2 EPS reported
$0.68
revenue$76,553,000
- Sales $40.7M (+64% or +35% organic); operating income $11.1M (+128%); net income $8.3M (+137%); diluted EPS $0.40 (+131%).
- Gross margin 65.8% vs 68.5% in Q2 2020; decline driven by product mix, manufacturing inefficiencies, and inventory write-downs.
- Quarterly dividend of $0.11/share approved, payable Sept 9, 2021 to record holders on Aug 26, 2021.
- FY 2021 guidance: sales $154.1M–$158.1M (+21% YoY at midpoint), EPS $1.30–$1.40 (+30% at midpoint).
- Completed $54.5M follow-on stock offering on July 16; $23.0M net proceeds used to repay long-term debt.