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LeMaitre Vascular Reports Q1 2008 Revenue of $11.8 Million, a 20% Increase



(amounts in thousands, except per share amounts)


For the three months ended

March 31, 2008 March 31, 2007

Net sales $11,847 $9,883

Cost of sales 3,358 2,513

Gross profit 8,489 7,370

Operating expenses:

Sales and marketing 5,829 4,810

General and administrative 2,828 2,370

Research and development 1,350 1,154

Restructuring charges 633 6

Impairment charge 435 7

Total operating expenses 11,075 8,347

Loss from operations (2,586) (977)

Other income (expense):

Interest income (expense), net 161 351

Other income, net 151 25

Total other income, net 312 376

Loss before income taxes (2,274) (601)

Provision for income taxes 290 28

Net loss $(2,564) $(629)

Net loss per share of common stock:

Basic $(0.17

SOURCE LeMaitre Vascular, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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