earnings
confidence high
sentiment neutral
materiality 0.75
Cooper Q3 revenue $843.4M (+10% YoY); non-GAAP EPS $3.19 down 6%; FY22 guide $3.29-3.31B
COOPER COMPANIES, INC.
2022-Q3 EPS reported
$6.44
revenue$2,460,300,000
- Revenue $843.4M (+10% YoY); CooperVision +2% to $566.3M, CooperSurgical +35% to $277.1M.
- GAAP diluted EPS $1.98 (down $10.39); non-GAAP diluted EPS $3.19 (down 6% vs $3.41).
- Non-GAAP gross margin 66% (down 200bps); non-GAAP operating margin 23% (down 400bps).
- Free cash flow $217.3M; net debt $2.6B (down $218M QoQ); adjusted leverage 2.44x.
- FY2022 guidance: revenue $3.29-3.31B, non-GAAP EPS $12.72-$12.87; Q4 rev $830-850M.