The Cooper Companies Announces Fourth Quarter and Full Year 2018 Results

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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