ChickenStockChickenStock

AI English summary of an SEC filing — figures as filed

The Cooper Companies logoThe Cooper Companies COO

The company said revenue for the fiscal Q3 quarter ended July 31, 2024 rose 8% from a year earlier to $1,002.8 million. CooperVision revenue was $675.6 million, up 7%, and CooperSurgical revenue was $327.2 million, up 9%.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said revenue for the fiscal Q3 quarter ended July 31, 2024 rose 8% from a year earlier to $1,002.8 million. CooperVision revenue was $675.6 million, up 7%, and CooperSurgical revenue was $327.2 million, up 9%.

  2. The Cooper Companies said GAAP diluted earnings per share for Q3 were $0.52, up $0.09 from a year earlier, and non-GAAP diluted EPS was $0.96, up $0.12. It said GAAP net income was $104.7 million.

  3. The company said its GAAP operating margin for Q3 was 19% (16% in the same quarter last year), and its non-GAAP operating margin was 26% (24% a year earlier). Free cash flow, calculated as cash provided by operating activities of $207.5 million less capital expenditures of $89.0 million, was $118.5 million.

  4. The Cooper Companies said it raised its fiscal 2024 outlook. It expects full-year total revenue of $3,892 to $3,913 million (organic growth of 8% to 8.5%) and non-GAAP diluted EPS of $3.64 to $3.67.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Cooper fiscal 2024 Q3 revenue $1,002.8 million

The company said revenue for the fiscal Q3 quarter ended July 31, 2024 rose 8% from a year earlier to $1,002.8 million. CooperVision revenue was $675.6 million, up 7%, and CooperSurgical revenue was $327.2 million, up 9%.

Source · Based on the filing body and exhibits

Cooper Q3 GAAP and non-GAAP diluted EPS

The Cooper Companies said GAAP diluted earnings per share for Q3 were $0.52, up $0.09 from a year earlier, and non-GAAP diluted EPS was $0.96, up $0.12. It said GAAP net income was $104.7 million.

Source · Based on the filing body and exhibits

Cooper Q3 operating margin and free cash flow

The company said its GAAP operating margin for Q3 was 19% (16% in the same quarter last year), and its non-GAAP operating margin was 26% (24% a year earlier). Free cash flow, calculated as cash provided by operating activities of $207.5 million less capital expenditures of $89.0 million, was $118.5 million.

Source · Based on the filing body and exhibits

Cooper raises fiscal 2024 outlook

The Cooper Companies said it raised its fiscal 2024 outlook. It expects full-year total revenue of $3,892 to $3,913 million (organic growth of 8% to 8.5%) and non-GAAP diluted EPS of $3.64 to $3.67.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.