Categories Earnings, Health Care
Earnings Summary: Here’s how CooperCompanies (COO) performed in Q3 2023
Medical device maker CooperCompanies (NYSE: COO) announced financial results for the third quarter of 2023, reporting an increase in revenues.
- Third-quarter revenue increased 10% year-over-year to $930.2 million; CooperVision and CooperSurgical revenues rose 11% and 8% respectively
- Net income declined to $85.3 million or $1.71 per share in the July quarter from $98.4 million or $1.98 per share a year earlier
- Adjusted earnings per share rose 5% annually to $3.35 during the three-month period
- Gross margin was 66%, up from 65% in last year’s third quarter
- Operating margin decreased to 16% in Q3 from 17% in the comparable period of 2022; adjusted operating margin was 24%
- Interest expense came in at $26.8 million, up from $17.1 million reported a year earlier
- Operating cash flow totaled $142.5 million; adjusted for capital expenditures of $90.9 million, free cash flow was $51.6 million
Most Popular
Domino’s Pizza (DPZ) Q1 2025 Earnings: Key financials and quarterly highlights
Domino’s Pizza, Inc. (NASDAQ: DPZ) reported its first quarter 2025 earnings results today. Revenues increased 2.5% year-over-year to $1.11 billion, primarily due to higher US franchise advertising revenues, higher supply
Earnings Preview: Microsoft expected to report higher Q3 revenue, profit
Tech behemoth Microsoft Corp. (NASDAQ: MSFT) is preparing to report its third-quarter 2025 results, amid expectations for a year-over-year increase in revenue and earnings. The company has performed well recently,
What to expect when eBay (EBAY) reports its Q1 2025 earnings results
Shares of eBay Inc. (NASDAQ: EBAY) were down slightly in midday trade on Friday. The stock has gained 8% year-to-date. The ecommerce giant is slated to report its earnings results
