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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lemaitre Vascular with a $47.50 average price target.
Based on Lemaitre Vascular’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $39.56 million and net profit of $6.04 million. In comparison, last year the company earned revenue of $35.88 million and had a net profit of $5.93 million.
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LeMaitre Vascular, Inc. engages in the provision of medical devices and human tissue cryopreservation services. The company focuses on the design, marketing, sales, service, and technical support of medical devices and implants for the treatment of peripheral vascular disease. Its products include balloon catheters, carotid shunts, biologic patches, radiopaque marking tape, anastomotic clips, remote endarterectomy devices, laparoscopic cholecystectomy devices, vascular grafts, and powered phlebectomy. The company was founded by George D. LeMaitre on November 28, 1983 and is headquartered in Burlington, MA.
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