Cooper Cos. (COO) Misses Q3 EPS by 7c, Revenues Beat

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The Cooper Companies Announces Third Quarter 2018 Results

August 30, 2018 4:15 PM EDT

PLEASANTON, Calif., Aug. 30, 2018 (GLOBE NEWSWIRE) -- The Cooper Companies, Inc. (NYSE: COO) today announced financial results for the fiscal third quarter ended July 31, 2018.

Revenue increased 19% year-over-year to $660.0 million.  CooperVision (CVI) revenue up 12% to $489.1 million, and CooperSurgical (CSI) revenue up 44% to $170.9 million.GAAP diluted earnings per share $2.03, down 6 cents or 2.9% from last year's third quarter.Non-GAAP diluted earnings per share $3.00, up 36 cents or 14% from last years third quarter. See Reconciliation of GAAP Results to Non-GAAP Results below.

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