Cooper Companies shares fall 15.96% after-hours on fiscal Q3 results and guidance
Cooper Companies reported fiscal third-quarter results, completed its strategic review and issued fiscal fourth-quarter and full-year guidance. The stock closed down 6.22% at $63.48 before falling 15.96% to $53.35 in after-hours trading.
The Cooper Companies, Inc. 96% in after-hours trading Wednesday after the company reported fiscal third-quarter results, completed its strategic review and issued fiscal fourth-quarter and full-year guidance. 35 after hours. 15, up 4% from a year ago.
CooperVision revenue was flat, with Americas sales down 2% organically and Asia Pacific down 5% organically. S. channel inventory weighed on results and is expected to continue affecting the fourth quarter. CooperSurgical revenue grew 3% organically.
09. 55. The company said its strategic review, first announced in December 2025, is complete. The board reviewed a possible sale of CooperSurgical and unanimously decided shareholders would be better served by keeping the business rather than pursuing a transaction.
The board also approved raising the share repurchase authorization from $2 billion to $3 billion. 38 billion. 89. 18% over the past year.