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    The Cooper Companies Announces Fourth Quarter and Full Year 2018 Results

    Gabrielle Lakusta
    Dec. 07, 2018 08:36AM PST
    Medical Device Investing

    The Cooper Companies (NYSE:COO) announced financial results for the fiscal fourth quarter and full year ended October 31, 2018. As quoted in the press release: Revenue $651.5 million up 16% from last year’s fourth quarter, up 9% pro forma (defined as constant currency, including acquisitions and excluding carrier screening and NIPT in both periods). Gross …

    The Cooper Companies (NYSE:COO) announced financial results for the fiscal fourth quarter and full year ended October 31, 2018.

    As quoted in the press release:

    • Revenue $651.5 million up 16% from last year’s fourth quarter, up 9% pro forma (defined as constant currency, including acquisitions and excluding carrier screening and NIPT in both periods).
    • Gross margin 66% compared with 63% in last year’s fourth quarter. On a non-GAAP basis, gross margin was 66% compared with 66% last year.
    • Operating margin 19% compared with 19% in last year’s fourth quarter. On a non-GAAP basis, operating margin was 27% compared with 27% last year.

    Click here to read the full press release.

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