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Overview of LeMaitre Vascular
LeMaitre Vascular (LMAT) is a specialized medical device company that designs, manufactures, and markets a comprehensive range of disposable and implantable vascular devices. Focusing on the treatment of peripheral vascular disease, the company develops innovative solutions used during open vascular surgeries. Its products cover key anatomical areas including the carotid arteries, lower and upper extremities, and the aorta. With a strong presence in the United States, LeMaitre Vascular has established itself as a trusted partner for vascular surgeons by providing devices that address complex circulatory challenges.
Product Portfolio and Applications
LeMaitre Vascular's extensive product portfolio includes device categories such as vascular grafts, angioscopes, balloon catheters, carotid shunts, phlebectomy devices, vascular patches, and vessel closure systems. Each product undergoes rigorous design and testing processes to ensure it meets the highest standards of quality and reliability. The company’s dedication to innovation is reflected in its continuous improvements in manufacturing efficiencies and device performance, ensuring that medical professionals have access to reliable tools for both diagnostic and therapeutic procedures.
Business Operations and Market Position
The company operates within a highly specialized segment of the medical technology industry, where precision and regulatory compliance are paramount. LeMaitre Vascular generates revenue primarily through the sale of its devices, which are engineered to address specific surgical requirements. While its diverse product range caters mainly to the needs of vascular surgeons, the company also leverages its extensive distribution network to maintain a strong presence across multiple geographic regions. Its focus on manufacturing excellence and cost-effective production processes supports consistent product availability and quality, further solidifying its position in the competitive medtech landscape.
Quality, Compliance, and Industry Expertise
Quality assurance is central to LeMaitre Vascular’s operational philosophy. The company adheres to stringent regulatory guidelines and quality control measures, ensuring that each device meets both clinical and safety standards. Its commitment to excellence is reinforced by a history of robust manufacturing practices and a culture that prioritizes continuous enhancement. Through rigorous training, advanced testing methodologies, and a dedication to innovation, LeMaitre Vascular fosters trust and reliability among healthcare professionals.
Competitive Landscape and Differentiation
In a competitive medical devices sector, LeMaitre Vascular distinguishes itself through its focused expertise in peripheral vascular disease. The company’s dedication to developing specialized devices for open vascular surgery provides it with a competitive advantage. Its ability to combine innovative design with operational efficiency allows for effective cost control while maintaining high product performance. By addressing specific clinical needs, LeMaitre Vascular stands apart from competitors who may offer broader, less specialized product lines.
Understanding the Customer and Clinical Impact
The core customers of LeMaitre Vascular are vascular surgeons who require reliable, high-performance devices in the operating room. The company’s products are integral to procedures that significantly impact patient outcomes, addressing a condition that affects millions worldwide. By blending deep clinical insights with advanced technological innovation, LeMaitre Vascular not only supports critical surgical interventions but also contributes to the advancement of vascular treatment worldwide.
Strategic Information Hierarchy
This overview is structured to provide a clear, logical flow of information: from a broad description of the company’s core business to detailed insights into its product portfolio, operational procedures, competitive positioning, and quality management practices. Each section is designed to deliver insight through expert terminology and precise explanations, ensuring readers gain a comprehensive understanding of LeMaitre Vascular’s role in the medical devices industry.
LeMaitre Vascular announced its participation in two upcoming investor conferences in May 2021. David Roberts, President, will present at the 7th Annual Truist Securities Life Sciences Summit on May 4, 2021. He will also be featured at the UBS Global Healthcare Virtual Conference on May 26, 2021, at 9:00 AM EDT. LeMaitre specializes in devices and services for treating peripheral vascular disease, impacting over 200 million people globally. The firm develops vascular devices tailored for vascular surgeons. More information is available at lemaitre.com.
LeMaitre Vascular, Inc. (Nasdaq: LMAT) will release its Q1 2021 financial results on April 29, 2021, after market close. A conference call is scheduled for 5:00 PM EDT on the same day to discuss the financial results, business highlights, and outlook. Interested parties can access the call via phone or a live webcast. LeMaitre is known for its vascular devices, addressing the needs of vascular surgeons and catering to a global patient base affected by peripheral vascular disease.
LeMaitre Vascular announced that CFO JJ Pellegrino will present at the 20th Annual Needham Virtual Healthcare Conference on April 12, 2021, at 9:30 AM EDT. The company specializes in devices and services for treating peripheral vascular disease, which affects over 200 million people globally. LeMaitre develops and markets both disposable and implantable vascular devices tailored for vascular surgeons. For further information, visit www.lemaitre.com.
LeMaitre (Nasdaq: LMAT) reported strong Q4 2020 results, with sales of $37.5 million, a 24% increase year-over-year. Operating income surged 94% to $9.5 million, resulting in a net income of $7.0 million and earnings of $0.34 per diluted share. Debt was reduced by $21.5 million, improving the balance sheet. Despite gross margin slightly declining to 65%, the company achieved record sales driven by acquisitions and strong performance in the Americas. For Q1 2021, LeMaitre projects sales between $33.8 and $36.8 million, with an expected earnings per share of $0.24 to $0.31.
LeMaitre Vascular (Nasdaq:LMAT) is set to participate in four key investor conferences in February and March 2021. David Roberts, President, will present at:
- SVB Leerink's Global Healthcare Conference on February 26, 2021, at 8:40 AM EST
- Barclays Global Healthcare Conference on March 9, 2021, at 1:50 PM EST
- 33rd Annual Roth Conference on March 15, 2021, on demand
- Oppenheimer's Healthcare Conference on March 16, 2021, at 3:10 PM EDT
LeMaitre Vascular specializes in devices and services for peripheral vascular disease, helping over 200 million people globally.
LeMaitre Vascular, Inc. (Nasdaq:LMAT) will release its fourth quarter 2020 financial results on February 25, 2021, post-market. A conference call is scheduled for the same day at 5:00 PM ET to discuss results and company outlook. Investors can dial in or access the call via a webcast at www.lemaitre.com/investor. LeMaitre is known for its devices addressing peripheral vascular disease, a condition impacting over 200 million individuals globally, and offers a diversified product portfolio for vascular surgeons.
LeMaitre Vascular (Nasdaq:LMAT) announced its participation in two upcoming investor conferences in January 2021. CFO JJ Pellegrino will present at the 23rd Annual Needham Virtual Growth Conference on January 11, 2021, at 11:30 AM ET, and at the Sidoti Winter 2021 Investor Conference on January 14, 2021, at 10:45 AM ET. The company, which specializes in devices for treating peripheral vascular disease, aims to inform and engage investors about its market position and growth strategies.
LeMaitre Vascular announced that President David Roberts will present at the Jefferies Virtual London Healthcare Conference on November 18, 2020, at 12:25 PM ET. The company specializes in devices and services for treating peripheral vascular disease, which impacts over 200 million people globally. LeMaitre develops both disposable and implantable vascular devices, focusing on the needs of vascular surgeons.
LeMaitre Vascular (Nasdaq:LMAT) announced its participation in two investor conferences this November. David Roberts, President, will present at the Stifel Virtual Healthcare Conference on November 16, 2020, at 8:00 AM ET. Meanwhile, JJ Pellegrino, Chief Financial Officer, is set to speak at the Canaccord Genuity 2020 Medical Technologies & Diagnostics Forum on November 19, 2020, at 9:30 AM ET. LeMaitre Vascular specializes in devices for treating peripheral vascular disease, serving over 200 million people globally.
LeMaitre Vascular, Inc. (Nasdaq:LMAT) announced its Q3 2020 results with sales reaching $36.4 million, reflecting a 25% increase. Operating income surged 70% to $10.0 million, with a net income of $7.5 million, a 45% rise. The company declared a quarterly dividend of $0.095/share. Growth was driven by acquisitions and recovery in elective surgeries. However, gross margin fell to 62.3% from 69.3% a year prior. Guidance for Q4 anticipates sales between $34.0 million and $38.0 million.
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