Cooper Cos. (COO) Misses Q1 EPS by 2c, Revenues Miss

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CooperCompanies Announces First Quarter 2020 Results

March 5, 2020 4:16 PM EST

SAN RAMON, Calif., March 05, 2020 (GLOBE NEWSWIRE) -- CooperCompanies (NYSE: COO) today announced financial results for the fiscal first quarter ended January 31, 2020.

Revenue increased 3% year-over-year to $646.2 million. CooperVision (CVI) revenue up 3% to $485.2 million, and CooperSurgical (CSI) revenue up 2% to $161.0 million.

GAAP diluted earnings per share $1.82, down 25 cents or 12% from last year's first quarter.

Non-GAAP diluted earnings per share $2.69, down 19 cents or 7% from last year's first quarter. See "Reconciliation of GAAP Results to Non-GAAP Results" below.

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