CooperCompanies reported a 3% increase in revenue to $646.2 million. GAAP diluted earnings per share decreased by 12% to $1.82, and Non-GAAP diluted earnings per share decreased by 7% to $2.69.
Revenue increased 3% year-over-year to $646.2 million.
CooperVision (CVI) revenue increased 3% to $485.2 million.
CooperSurgical (CSI) revenue increased 2% to $161.0 million.
Non-GAAP diluted earnings per share was $2.69, a decrease of 7% from last year's first quarter.
The Company updated its fiscal year 2020 guidance. Fiscal 2020 total revenue is expected to be between $2,767 - $2,817 million (~5% to 7% constant currency). CVI revenue is expected to be $2,070 - $2,100 million (~5.5% to 7% constant currency) and CSI revenue $697 - $717 million (~3% to 6% constant currency). Fiscal 2020 non-GAAP diluted EPS of $12.80 - $13.20.
Visualization of income flow from segment revenue to net income