LeMaitre Vascular: The Q2 Miss Hides A Stronger Acquisition Machine
Seeking Alpha discusses LeMaitre Vascular's shift to larger, higher-multiple acquisitions, which has raised its success rate to 80% and boosted gross margins from 65% to 72%. The company holds roughly $376M in cash and short-term investments, supporting its disciplined, accretive deal-making strategy despite a reported Q2 miss.
Why it matters — LMAT watchers would care because the article frames the acquisition-focused strategy and margin expansion as durable growth drivers for the company.