secwatch.observer — SEC 8-K summary
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Issuer:     COOPER COMPANIES, INC. (COO)
CIK:        0000711404
Form:       8-K
Filed at:   2024-02-29T23:59:59+00:00
Accession:  0000711404-24-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cooper Q1 revenue record $931.6M (+9% YoY); non-GAAP EPS $0.85 (+18%); FY24 guidance raised
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- Revenue of $931.6M, up 9% YoY; CooperVision $621.5M (+7%), CooperSurgical $310.1M (+12%).
- GAAP EPS $0.41 (down 5% YoY); non-GAAP EPS $0.85 (up 18% YoY).
- Gross margin improved to 67% (GAAP and non-GAAP) from 65%/66% last year.
- FY2024 guidance raised: revenue $3,847-$3,897M, non-GAAP EPS $3.50-$3.58.
- 4-for-1 stock split effective Feb 20, 2024; free cash flow $4.6M; net debt $2.6B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/711404/000071140424000016/0000711404-24-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/711404/000071140424000016/coo-20240229.htm
  HTML page:      https://secwatch.observer/filing/0000711404-24-000016

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