Cooper Cos. (COO) Tops Q1 EPS by 21c, Updates FY Guidance

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The Cooper Companies Announces First Quarter 2015 Results

March 5, 2015 4:01 PM EST

PLEASANTON, Calif., March 5, 2015 (GLOBE NEWSWIRE) -- The Cooper Companies, Inc. (NYSE: COO) today announced financial results for the fiscal first quarter ended January 31, 2015.

Revenue increased 10% year-over-year to $445.2 million. CooperVision (CVI) revenue up 13% to $369.3 million. CooperSurgical (CSI) revenue down 4% to $75.8 million. GAAP earnings per share (EPS) $1.25, down 22 cents or 15% from last year's first quarter. Non-GAAP EPS $1.75, up 17 cents or 11% from last year's first quarter. See "Reconciliation of Non-GAAP Results to GAAP Results" below.

Commenting on the results, Robert S. Weiss, Cooper's president and chief executive officer said, "We've started... More