secwatch.observer — SEC 8-K summary
======================================

Issuer:     COOPER COMPANIES, INC. (COO)
CIK:        0000711404
Form:       8-K
Filed at:   2023-06-01T23:59:59+00:00
Accession:  0000711404-23-000029
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cooper Q2 revenue up 6% to $877M; GAAP EPS slumps 69% to $0.80; FY23 guidance updated
--------------------------------------------------------------------------------

- Revenue $877.4M, up 6% YoY (9% constant currency, 8% organic); GAAP diluted EPS $0.80 vs $2.55 last year.
- Non-GAAP diluted EPS $3.08, down $0.16 or 5% YoY; gross margin 66% on GAAP, 67% non-GAAP.
- CooperVision organic growth 10% (9th consecutive double-digit quarter); CooperSurgical fertility up 11% organic.
- FY23 guidance: revenue $3,512-$3,569M (organic 7-9%), non-GAAP EPS $12.66-$12.96.
- Free cash flow $50.6M; net debt $2.5B down $48.5M from prior quarter; interest expense $26.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/711404/000071140423000029/0000711404-23-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/711404/000071140423000029/coo-20230601.htm
  HTML page:      https://secwatch.observer/filing/0000711404-23-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer