Cooper Cos. (COO) Misses Q2 EPS by 4c; Reaffirms

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The Cooper Companies Announces Second Quarter 2015 Results

June 4, 2015 4:01 PM EDT

PLEASANTON, Calif., June 4, 2015 (GLOBE NEWSWIRE) -- The Cooper Companies, Inc. (NYSE: COO) today announced financial results for the fiscal second quarter ended April 30, 2015.

Revenue increased 5% year-over-year to $434.7 million. CooperVision (CVI) revenue up 9% to $359.6 million. CooperSurgical (CSI) revenue down 8% to $75.1 million. GAAP earnings per share (EPS) $1.23, down 39 cents or 24% from last year's second quarter. Non-GAAP EPS $1.72, down 4 cents from last year's second quarter. See "Reconciliation of GAAP to Non-GAAP Results" below.

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