earnings
confidence high
sentiment positive
materiality 0.75
Cooper Q3 revenue up 32% to $763.4M; non-GAAP EPS $3.41, up 50%; raises FY guidance
COOPER COMPANIES, INC.
2021-Q3 EPS reported
$57.01
revenue$2,163,400,000
- Revenue $763.4M (+32% YoY); CooperVision $557.5M (+24%), CooperSurgical $205.9M (+60%).
- Non-GAAP diluted EPS $3.41, up 50% YoY; GAAP EPS $12.37 (prior Q3: $1.12).
- Free cash flow $180.2M; net debt $1,507.8M, adjusted leverage 1.52x.
- FY2021 guidance: revenue $2,893-2,923M, non-GAAP EPS $13.20-13.40; Q4 revenue $730-760M.
- Gross margin 68% (non-GAAP), up from 66%; operating margin 27% non-GAAP vs 23% last year.