Cooper Cos. (COO) Tops Q1 EPS by 28c, FY Guidance Tops Views
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The Cooper Companies Announces First Quarter 2018 Results
March 8, 2018 4:17 PM ESTPLEASANTON, Calif., March 08, 2018 (GLOBE NEWSWIRE) -- The Cooper Companies, Inc. (NYSE: COO) today announced financial results for the fiscal first quarter ended January 31, 2018.
First quarter revenue increased 18% year-over-year to $590.0 million. CooperVision (CVI) revenue up 14% to $444.8 million, and CooperSurgical (CSI) revenue up 32% to $145.2 million.First quarter GAAP diluted loss per share $2.50. GAAP results include a $202.0 million net charge related to the recent enactment of U.S. tax legislation.First quarter non-GAAP diluted earnings per share $2.79, up 86 cents or 45% from last years first quarter. See Reconciliation of GAAP Results to Non-GAAP Results... More