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Stock impact report

LeMaitre Vascular Withdraws Prior Annual Guidance for 2020 And Announces Preliminary Q1 2020 Financial Results

LeMaitre Vascular, Inc. (LMAT) 
Last lemaitre vascular, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: lemaitre.gcs-web.com/investor-relations
Company Research Source: GlobeNewswire
BURLINGTON, Mass., April 13, 2020 (GLOBE NEWSWIRE) -- LeMaitre Vascular, Inc. (Nasdaq:LMAT), a provider of vascular devices, implants and services, announced today Q1 2020 preliminary, unaudited results and withdrew prior annual guidance for 2020 due to the potential impact of COVID-19. Q1 2020 Preliminary Results Sales of $30.4mm to $30.6mmOperating income of $4.2mm to $4.4mmEarnings of $0.15 to $0.16 per diluted shareCash balance of $30.6mm and no long-term debt at March 31, 2020 The COVID-19 pandemic began to negatively impact sales in the second half of March.  Due to the unpredictable magnitude and duration of the COVID-19 pandemic, the Company is withdrawing its previously announced annual guidance for 2020. The Company will release its first quarter 2020 financial results, as well as additional information related to the impact of the COVID-19 pandemic, on Thursday, April 30, 2020, after the market close.  The company has scheduled a conference call for 5:00 PM EST the sa Show less Read more
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