Categories Earnings, Health Care
Earnings Summary: CooperCompanies (COO) reports Q2 2023 financial results
Medical device maker CooperCompanies (NYSE: COO) has announced financial results for the second quarter of 2023, reporting lower earnings despite an increase in revenues.
- Second-quarter revenue rose 6% year-over-year to $877.4 million; CooperVision revenue rose 6% and CooperSurgical revenue moved up 4%
- Net earnings per share, including special items, came in at $0.80, down 69% from last year’s earnings of $2.55
- Net income was $39.8 million in the April quarter, compared to $126.6 million in Q2 2022
- Adjusted earnings decreased to $3.08 per share in Q2 from $3.24 per share in the same period of last year
- The operating margin was 11%, lower than the 16% margin reported a year earlier
- Cash provided by operations totaled $124.2 million and free cash flow came in at $50.6 million
Most Popular
Broadcom (AVGO) appears to be on track to leverage huge AI opportunity
Broadcom, Inc. (NASDAQ: AVGO) reported a record high revenue for the first quarter, aided by strong demand for its AI-enabled semiconductor solutions and infrastructure software. The tech firm’s stock rallied
JD Earnings: JD.Com reports higher Q4 2024 revenue and adj. profit
China-based e-commerce company JD.com Inc. (NASDAQ: JD) has reported a double-digit increase in revenue and adjusted net income for the fourth quarter of 2024. Fourth-quarter earnings, adjusted for special items,
Costco (COST) Q2 2025 profit rises on higher sales; comp sales up 6.8%
Warehouse giant Costco Wholesale Corporation (NASDAQ: COST) has reported higher sales and net profit for the second quarter of 2025. Total comparable store sales increased by 6.8%. Revenues rose to
