share_log

Cooper Companies | 8-K: CooperCompanies Announces Fourth Quarter and Full Year 2024 Results

SEC ·  Dec 6, 2024 05:25

Summary by Futu AI

Cooper Companies delivered strong Q4 2024 results with revenue reaching $1,018.4 million, up 10% year-over-year and 7% organically. Gross margin improved to 67% from 65% last year, while operating margin expanded to 19% from 15%. GAAP diluted EPS increased 38% to $0.58, and non-GAAP EPS rose 19% to $1.04.CooperVision revenue grew 9% to $676.4 million, with strong performance across all categories and regions. CooperSurgical revenue increased 12% to $342.0 million, driven by 15% growth in fertility solutions. The company generated free cash flow of $128.2 million after capital expenditures of $139.9 million.For fiscal 2025, Cooper projects total revenue of $4.08-4.16 billion, representing organic growth of 6-8%. The guidance includes CooperVision revenue growth of 6.5-8.5% and CooperSurgical growth of 4-6%. Non-GAAP EPS is expected to reach $3.92-4.02.
Cooper Companies delivered strong Q4 2024 results with revenue reaching $1,018.4 million, up 10% year-over-year and 7% organically. Gross margin improved to 67% from 65% last year, while operating margin expanded to 19% from 15%. GAAP diluted EPS increased 38% to $0.58, and non-GAAP EPS rose 19% to $1.04.CooperVision revenue grew 9% to $676.4 million, with strong performance across all categories and regions. CooperSurgical revenue increased 12% to $342.0 million, driven by 15% growth in fertility solutions. The company generated free cash flow of $128.2 million after capital expenditures of $139.9 million.For fiscal 2025, Cooper projects total revenue of $4.08-4.16 billion, representing organic growth of 6-8%. The guidance includes CooperVision revenue growth of 6.5-8.5% and CooperSurgical growth of 4-6%. Non-GAAP EPS is expected to reach $3.92-4.02.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.