Cooper Cos. (COO) Tops Q2 EPS by 2c, Guides FY EPS In-Line with Views

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The Cooper Companies Announces Second Quarter 2018 Results

June 7, 2018 4:15 PM EDT

PLEASANTON, Calif., June 07, 2018 (GLOBE NEWSWIRE) -- The Cooper Companies, Inc. (NYSE: COO) today announced financial results for the fiscal second quarter ended April 30, 2018.

Revenue increased 21% year-over-year to $631.3 million.  CooperVision (CVI) revenue up 14% to $467.5 million, and CooperSurgical (CSI) revenue up 44% to $163.8 million.GAAP diluted earnings per share $1.23, down 89 cents or 42% from last year's second quarter.Non-GAAP diluted earnings per share $2.86, up 36 cents or 15% from last years second quarter. See Reconciliation of GAAP Results to Non-GAAP Results below.

Commenting on the results, Albert White, Coopers president and chief... More