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LeMaitre Vascular Reports Q3 2007 Revenue of $10.1 Million, a 19% Increase
Date:11/5/2007

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2007 2006 2007 2006

Net sales $10,144 $8,540 $30,342 $25,871

Cost of sales 2,563 2,279 7,778 7,205

Gross profit 7,581 6,261 22,564 18,666

Operating expenses:

Sales and marketing 4,583 3,525 14,131 10,639

General and administrative 2,341 1,536 6,917 5,050

Research and development 1,144 805 3,416 2,586

Distributor termination

costs 1,054 - 1,054 -

Restructuring charges - 53 5 231

Impairment charge - - 7 406

Total operating expenses 9,122 5,919 25,530 18,912

Income (loss) from operations (1,541) 342 (2,966) (246)

Other income (expense):

Interest income (expense) 359 (175) 1,054 (275)

Other income 221 21 275 152

Total other income (loss) 580 (154) 1,329 (123)

Income (loss) before income

taxes (961) 188 (1,637) (369)

Provision (benefit) for income

taxes 393 (33) 119 129

Net income (loss) $(1,354) $221 $(1,756) $(498)

Net income (loss) per share of

common stock:

Basic $(0.09) $0.01 $(0.11) $(0.09)

Diluted $(0.09) $0.01 $(0.11) $(0.09)

Weighted average shares

outstanding:

Basic 15,410 8,497 15,376 8,497

Diluted 15,410 8,904
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SOURCE LeMaitre Vascular, Inc.
Copyright©2007 PR Newswire.
All rights reserved

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