Welcome to our dedicated page for Cooper news (Ticker: COO), a resource for investors and traders seeking the latest updates and insights on Cooper stock.
CooperCompanies (Nasdaq: COO) is a global medical device company with two main business units, CooperVision and CooperSurgical, and its news flow reflects this mix of vision care and women’s health activities. Company press releases regularly provide updates on quarterly and annual financial results, including revenue, earnings per share, margins, and free cash flow, along with commentary from management on operational performance and priorities.
Investors following COO news will see detailed segment information for CooperVision and CooperSurgical, such as revenue by product category and geography, as well as explanations of non‑GAAP metrics, constant currency growth, and organic growth. Releases also describe reorganization and integration efforts, business optimization charges, and product line exits, offering context on how these actions affect reported margins and future cost structure.
CooperCompanies’ news also covers corporate governance and strategic topics. Recent announcements include changes in Board leadership, the appointment of new independent directors, and a formal strategic review of the company’s businesses, corporate structure, and capital allocation priorities. The company has disclosed cooperation agreements with investment partners and expansions of its share repurchase program, including a Board‑approved increase that brought total authorization to $2 billion.
In addition, CooperCompanies issues notices about upcoming earnings releases, conference calls, and participation in healthcare investment conferences, where senior executives present and answer questions. For those interested in the broader eye care landscape, external communications related to CooperVision highlight its role in contact lenses and myopia management. This news page brings together these financial, strategic, and industry‑related updates in one place for users tracking COO.
CooperCompanies Achieves Great Place to Work Certification
On January 26, 2021, CooperCompanies announced that it has been recognized as a Great Place to Work-Certified™ organization for the third consecutive year. Employees rated the company highly for attributes such as pride, camaraderie, and respect. Notably, 91% of employees felt welcomed upon joining. President Albert White emphasized the importance of a supportive culture, while Great Place to Work highlighted Cooper's commitment to a positive employee experience. Cooper operates in the medical device sector, focusing on vision care and women’s health.
CooperCompanies (NYSE: COO) has declared a semi-annual dividend of 3 cents per share, set to be paid on February 9, 2021, to stockholders recorded by January 22, 2021. This decision aligns with the company's strategy of providing annual dividends, reflecting its commitment to shareholder returns. Cooper operates through two main units: CooperVision and CooperSurgical, focusing on vision care and women's health, respectively. With over 12,000 employees and products available in over 100 countries, CooperCompanies continues to grow in the medical device industry.
CooperCompanies (NYSE: COO) will present virtually at the J.P. Morgan Healthcare Conference on January 12, 2021, at 12:40 PM PT (3:40 PM ET). Al White, President and CEO, will represent the company during the event. Investors can access the live webcast via the Investor Relations section of CooperCompanies' website, with a replay available 24 hours post-presentation. CooperCompanies operates through two units: CooperVision, focusing on vision care, and CooperSurgical, which advances health for women and families. The company is headquartered in San Ramon, California.
CooperCompanies (NYSE: COO) has announced its annual stockholder meeting scheduled for March 17, 2021. Stockholders on record as of January 21, 2021, will be eligible to vote on important matters, including the election of directors. The company operates through two divisions: CooperVision, focused on vision care and contact lenses, and CooperSurgical, which advances women's health, fertility, and genomics. With over 12,000 employees and sales in more than 100 countries, CooperCompanies maintains a robust global presence.
CooperCompanies (NYSE:COO) announced the retirement of A. Thomas Bender and Allan E. Rubenstein, M.D., who will not seek re-election at the March 2021 Annual Meeting of Stockholders. Bender, with Cooper since 1991, significantly restructured the company, driving growth and international expansion. Rubenstein, with 29 years of service, contributed to strategic and clinical enhancements. Both have played vital roles in shaping Cooper into a leading global medical device company, with over 12,000 employees and products in over 100 countries.
CooperCompanies (NYSE: COO) reported its fiscal fourth quarter and full year results for the period ending October 31, 2020. Revenue fell by 1% year-over-year to $681.6 million, with CooperVision down 1% to $506.3 million, and CooperSurgical down 4% to $175.3 million. GAAP diluted EPS was $1.64, a 32% decrease from the prior year. Non-GAAP diluted EPS also dropped 4% to $3.16. Despite these declines, the company reported taking market share in its contact lens and fertility sectors.
CooperCompanies (NYSE: COO) announced the election of Teresa S. Madden to its Board of Directors, effective December 1, 2020. President and CEO Al White expressed enthusiasm about Madden's operational and financial expertise, which is expected to support Cooper's growth. Madden's background includes significant roles in Enbridge, Peabody Energy, and Xcel Energy, where she served as CFO. Her extensive experience in finance and governance is viewed as a valuable addition to the board as Cooper continues to expand its business.
CooperVision is expanding its Brilliant Futures™ Myopia Management Program to several countries including the UK, Russia, Spain, Portugal, Canada, South Korea, and Taiwan, building on success in the US. The program, which includes the MiSight® 1 day contact lens, aims to set a new standard of care by enhancing patient compliance and outcomes. Over 1,500 eye care professionals in the US are certified to fit MiSight®. With a nationwide advertising campaign and new approvals in international markets, CooperVision seeks to address rising myopia rates, particularly among children.
CooperCompanies (NYSE: COO) announced that it will release its fourth quarter and full year 2020 financial results on December 3, 2020, at 4:15 PM ET. A conference call will follow at 5:00 PM ET to discuss these results and current developments. Participants can join via a dedicated dial-in number or through a live webcast on the CooperCompanies investor relations website. A recording of the call will be available until December 10, 2020. CooperCompanies operates two units: CooperVision and CooperSurgical, focusing on vision care and women's health, respectively.
CooperSurgical and NYU Langone Fertility Center's recent study has shown that the PGTai 2.0 technology significantly enhances ongoing pregnancy and live birth rates in IVF procedures. Presented at the ASRM Annual Meeting, the study analyzed over 700 patients and found a 13% relative increase in successful outcomes compared to earlier methods. This advancement utilizes artificial intelligence for improved embryo assessment, aligning with the company's goal of optimizing reproductive success.
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