LeMaitre Vascular (LMAT) stock plummeted 8.92% in after-hours trading on Thursday, following the release of its Q4 2024 earnings report and Q1 2025 guidance.
The medical device maker reported Q4 2024 earnings per share (EPS) of $0.49, in line with analysts' estimates. However, the company's Q4 revenue of $55.7 million missed Wall Street's consensus estimate of $56 million. The revenue miss appears to be the primary driver behind the stock's sharp decline.
Adding to investor concerns, LeMaitre's Q1 2025 revenue guidance of $56.7-$58.7 million also fell short of analysts' expectations, further exacerbating the sell-off. While the company's Q1 EPS guidance range of $0.48-$0.53 was in line with estimates, the weak revenue outlook overshadowed this positive aspect.