Cooper Companies: Share Buyback Program Increased and Insiders Buy Shares for $1.2 Million

The medical technology company Cooper Companies (COO) recently presented a robust quarterly result on August 27. At the consolidated level, a 6% increase in revenue to $1.06 billion and a 15% increase in EPS to $1.10 were reported for Q3. The larger segment, CooperVision (CVI), which sells contact lenses, contributed $718.4 million to quarterly revenue in Q3, an increase of 6%. The growth momentum in the contact lens business is significantly driven by the premium daily lens MyDay, which recorded double-digit growth in the quarter. This growth was...