CooperVision Q3 results beat expectations with record free cash flow
CooperVision reported Q3 results exceeding expectations and record free cash flow, helped by a favorable tax resolution. U.S. channel inventory reductions impacted CooperVision, while management said underlying demand remains healthy and sales and R&D investments continue.
Q3 results exceeded expectations, helped by record free cash flow and a favorable tax resolution. S. channel inventory reductions weighed on CooperVision, while underlying demand remained healthy and sales and R&D investments continued. A strategic review ended with CooperSurgical retained due to te…