AI English summary of an SEC filing — figures as filed
The company said consolidated gross margin for the 3 and 6 months ended April 30, 2025 increased to 68% from 67% in the prior-year period, citing efficiency gains and a more favorable product and regional mix.
Key points
AI summaryThe company said consolidated gross margin for the 3 and 6 months ended April 30, 2025 increased to 68% from 67% in the prior-year period, citing efficiency gains and a more favorable product and regional mix.
The company said CooperVision net sales grew across all categories but were partially offset by unfavorable foreign exchange rate fluctuations of approximately $7.7 million and $22.4 million for the 3 and 6 months, respectively. Toric and multifocal grew primarily through the success of Biofinity and MyDay.
The company cited increased sales of Paragard contraceptive intrauterine devices and the acquisition of obp Surgical on August 1, 2024 as drivers of CooperSurgical office and surgical net sales growth for the 3 months. It said operating income for the 6 months decreased due to an increase in amortization expense.
The company said working capital as of April 30, 2025 was $1,113.2 million. It repurchased 0.5 million shares of common stock for $40.6 million during the 3 and 6 months, with $215.8 million remaining authorized for repurchase.
Key figures
Quarter ended April 30, 2025
- Revenue
- $1.0B
- Operating income
- $185M
- Net income
- $88M
- EPS
- $0.44
- Gross profit
- $679M
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Gross Margin 68% and Foreign Exchange Impact
The company said consolidated gross margin for the 3 and 6 months ended April 30, 2025 increased to 68% from 67% in the prior-year period, citing efficiency gains and a more favorable product and regional mix.
Source · Based on the MD&A text of the filing
CooperVision Net Sales and Foreign Exchange Impact
The company said CooperVision net sales grew across all categories but were partially offset by unfavorable foreign exchange rate fluctuations of approximately $7.7 million and $22.4 million for the 3 and 6 months, respectively. Toric and multifocal grew primarily through the success of Biofinity and MyDay.
Source · Based on the MD&A text of the filing
CooperSurgical Sales and Operating Income
The company cited increased sales of Paragard contraceptive intrauterine devices and the acquisition of obp Surgical on August 1, 2024 as drivers of CooperSurgical office and surgical net sales growth for the 3 months. It said operating income for the 6 months decreased due to an increase in amortization expense.
Source · Based on the MD&A text of the filing
Liquidity and Share Repurchases
The company said working capital as of April 30, 2025 was $1,113.2 million. It repurchased 0.5 million shares of common stock for $40.6 million during the 3 and 6 months, with $215.8 million remaining authorized for repurchase.
Source · Based on the MD&A text of the filing
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.
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