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8-K filed December 8, 2022, 6:59 PM ET ticker COO CIK 0000711404
earnings confidence high sentiment neutral materiality 0.70

CooperCompanies Q4 revenue up 12% to $848M, but GAAP EPS falls 40%; FY2023 guidance issued

COOPER COMPANIES, INC.

2022-FY EPS reported $7.76 revenue$3,308,400,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

COOPER COMPANIES, INC. reported fiscal year 2023 results: revenue $3,455 - $3,515 million, EPS Non-GAAP diluted EPS of $12.30 - $12.60. Guidance initiated.

Period
fiscal year 2023
Revenue
$3,455 - $3,515 million
EPS
Non-GAAP diluted EPS of $12.30 - $12.60
Guidance
initiated
Result
guidance update
Exact text from the filing
The Company initiated its fiscal year 2023 guidance. Details are summarized as follows: • Fiscal 2023 total revenue of $3,455 - $3,515 million (organic growth of 6% to 8%) • CVI revenue of $2,325 - $2,365 million (organic growth of 7% to 9%) • CSI revenue of $1,130 - $1,150 million (organic growth of 4% to 6%) • Fiscal 2023 non-GAAP diluted earnings per share of $12.30 - $12.60
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.95

COOPER COMPANIES, INC. reported fiscal fourth quarter ended October 31, 2022 results: revenue $848.1 million, EPS GAAP diluted EPS of $1.32; Non-GAAP diluted EPS of $2.75.

Period
fiscal fourth quarter ended October 31, 2022
Revenue
$848.1 million
EPS
GAAP diluted EPS of $1.32; Non-GAAP diluted EPS of $2.75
Result
reported results
Exact text from the filing
Fourth quarter revenue increased 12% year-over-year to $848.1 million. Fiscal 2022 revenue increased 13% to $3,308.4 million. • Fourth quarter GAAP diluted earnings per share (EPS) of $1.32, down 89 cents or 40% from last year's fourth quarter. Fiscal 2022 GAAP diluted EPS of $7.76, down 87% from fiscal 2021. • Fourth quarter Non-GAAP diluted EPS of $2.75, down 53 cents or 16% from last year's fourth quarter. Fiscal 2022 non-GAAP diluted EPS of $12.42, down 6% from fiscal 2021.
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.95

COOPER COMPANIES, INC. reported fiscal year ended October 31, 2022 results: revenue $3,308.4 million, EPS GAAP diluted EPS of $7.76; Non-GAAP diluted EPS of $12.42.

Period
fiscal year ended October 31, 2022
Revenue
$3,308.4 million
EPS
GAAP diluted EPS of $7.76; Non-GAAP diluted EPS of $12.42
Result
reported results
Exact text from the filing
Fiscal Year 2022 Operating Results • Revenue of $3,308.4 million, up 13% from fiscal 2021, up 19% in constant currency, up 11% organically. • CVI revenue of $2,243.3 million, up 4% from fiscal 2021, up 11% in constant currency, up 12% organically, and CSI of revenue $1,065.1 million, up 38% from fiscal 2021, up 43% in constant currency, up 8% organically. • Gross margin of 65% compared with 67% in fiscal 2021. Non-GAAP gross margin was 66%, down from 68% in fiscal 2021. • Operating margin of 15% compared with 17% in fiscal 2021. Non-GAAP operating margin was 24%, down from 26% in fiscal 2021. • GAAP diluted EPS of $7.76, down 87% from fiscal 2021. Non-GAAP diluted EPS was $12.42, down 6% from fiscal 2021.
View on SEC.gov

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COOPER COMPANIES, INC. filing history →

Source: SEC EDGAR
accession 0000711404-22-000046
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