Categories Earnings, Health Care

Earnings Summary: Highlights of CooperCompanies’ (COO) Q4 2023 financial results

Medical device maker CooperCompanies (NYSE: COO) announced financial results for the fourth quarter of 2023, reporting an increase in revenues and adjusted profit.

  • Fourth quarter revenue came in at $927.1 million, which is up 9% year-over-year. Revenue grew 9% organically
  • Q4 net income increased to $84.5 million from $65.6 million in the corresponding period of 2022
  • Earnings, on a per-share basis, was $1.70 in the October quarter, higher by 29% compared to last year
  • Adjusted earnings per share, excluding special items, increased 26% annually to $3.47 in Q4
  • Adjusted gross margin rose to 67% from 65% last year driven by better operational performance at both CooperVision and CooperSurgical, and favorable currency
  • The company ended the quarter with an operating cash flow of 174.2 million; offset by capital expenditures of $145.0 million, the free cash flow was $29.2 million

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

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top