The Cooper Companies, Inc. COO announced financial results Thursday for the fiscal fourth quarter and full year ended October 31, 2014.
Fourth quarter revenue increased 14 percent year-over-year to $468.0 million, below estimates of $481.62 million.
Fourth quarter non-GAAP EPS were $1.95, below estimates of $2.03 and up $0.35 or 22 percent from last year's fourth quarter. Fiscal 2014 non-GAAP EPS $7.29, up 14 percent from fiscal 2013.
Fourth quarter GAAP EPS were $0.63, down $0.52 or 45 percent from last year's fourth quarter. Fiscal 2014 GAAP EPS $5.51, down 8 percent from fiscal 2013.
Commenting on the results, Robert S. Weiss, Cooper's president and chief executive officer said, "I am pleased to report record revenue this year at both our business units and record non-GAAP EPS. We accomplished this through continued market share gains across all geographies and the acquisition of Sauflon Pharmaceuticals. Our business fundamentals remain strong and we expect fiscal 2015 to be a year of strong operational performance."
Cooper Companies, Inc. traded at $164.80 in the aftermarket, down 2.35 percent.
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