Cooper Companies' fiscal 1997 second quarter operating income up 54 percent on 26 percent revenue increase; EPS 44 cents versus 24 cents.

Business WireMay 21, 1997

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Cooper Companies' fiscal 1997 second quarter operating income up 54 percent on 26 percent revenue increase; EPS 44 cents versus 24 cents.

IRVINE, Calif.--(BW HealthWire)--May 21, 1997--The Cooper Companies, Inc. (NYSE/PSE:COO) today reported financial results for the second quarter of fiscal 1997.

For the three months ended April 30, 1997, the Company reported net income of $5.4 million, or 44 cents per share, including 4 cents per share for deferred tax benefits, compared to $2.8 million, or 24 cents per share, in the second quarter of 1996 when the Company had not yet recorded any deferred tax benefits. Operating income increased by 54 percent from $4.1 million in the 1996 quarter to $6.3 million in 1997. Revenue increased 26 percent to $33.7 million.

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