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LeMaitre: Q1 Earnings Snapshot

BURLINGTON, Mass. (AP) — BURLINGTON, Mass. (AP) — LeMaitre Vascular Inc. (LMAT) on Tuesday reported first-quarter earnings of $15.7 million.

On a per-share basis, the Burlington, Massachusetts-based company said it had profit of 68 cents.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.

The medical device maker posted revenue of $66.6 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $66.7 million.

For the current quarter ending in June, LeMaitre said it expects revenue in the range of $70.5 million to $72.5 million.

The company expects full-year earnings to be $2.93 to $3.08 per share, with revenue ranging from $277 million to $283 million.

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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

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