Cooper Cos. (COO) Misses Q2 EPS by 78c
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CooperCompanies Announces Second Quarter 2020 Results
June 4, 2020 4:15 PM EDTSAN RAMON, Calif., June 04, 2020 (GLOBE NEWSWIRE) -- CooperCompanies (NYSE: COO) today announced financial results for the fiscal second quarter ended April 30, 2020.
Revenue decreased 20% year-over-year to $524.9 million. CooperVision (CVI) revenue down 17% to $402.2 million, and CooperSurgical (CSI) revenue down 28% to $122.7 million.GAAP diluted earnings per share $0.23, down $2.22 or 91% from last year's second quarter.Non-GAAP diluted earnings per share $1.51, down $1.43 or 48% from last year's second quarter. See "Reconciliation of GAAP Results to Non-GAAP Results" below.Commenting on the results, Albert White, Coopers president and chief executive... More
