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Cooper Says Net Income Rose 29% in 3rd Quarter

September 05, 2002|James S. Granelli

Cooper Cos. reported net income of $13.4 million, or 86 cents a share, for its fiscal third quarter, a 29% increase over earnings of $10.4 million, or 67 cents, for the same period last year.

Sales at the Lake Forest maker of contact lenses and surgical products rose 48% to $90.6 million for the quarter ended July 31.

Cooper shares rose 23 cents to close at $44 on the New York Stock Exchange, before the results were released.

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