Cooper Cos. (COO) Tops Q2 EPS by 14c; Boosts FY16 Outlook

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The Cooper Companies Announces Second Quarter 2016 Results

June 2, 2016 4:16 PM EDT

PLEASANTON, Calif., June 02, 2016 (GLOBE NEWSWIRE) -- The Cooper Companies, Inc. (NYSE: COO) today announced financial results for the fiscal second quarter ended April 30, 2016.

Revenue increased 11% year-over-year to $483.8 million.  CooperVision (CVI) revenue up 9% to $391.2 million.  CooperSurgical (CSI) revenue up 23% to $92.6 million.GAAP earnings per share (EPS) $1.52, up 29 cents or 24% from last years second quarter. Non-GAAP EPS $2.05, up 33 cents or 19% from last years second quarter.  See Reconciliation of Non-GAAP Results to GAAP Results below.

Commenting on the results, Robert S. Weiss, Coopers president and chief... More