Categories Earnings, Health Care
Earnings Summary: CooperCompanies (COO) reports strong Q1 2024 results
Medical device maker CooperCompanies (NYSE: COO) announced financial results for the first quarter of 2024, reporting an increase in revenues and adjusted profit.
- First-quarter revenue increased 9% year-over-year to $931.6 million; CooperVision and CooperSurgical revenues grew 7% and 12%, respectively
- On a reported basis, earnings per share was $0.41 in Q1, down $0.02 or 5% from last year’s first quarter
- Unadjusted earnings per share moved up 18% annually to $0.85 during the three months
- Net income decreased to $81.2 million in the January quarter from $84.6 million a year earlier
- Q1 gross margin advanced to 67% from 65% the year-ago quarter; operating margin decreased to 16% from 17%
- Operating cash flow and capital expenditures came in at $122.7 million and $118.1 million, respectively, resulting in cash flow of $4.6 million
- For fiscal 2024, the company expects total revenue to be $3.85-3.90 billion, representing organic growth of 7% to 8%
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
