Mar 31, 2020

Bausch Health Q1 2020 Earnings Report

Bausch Health reported a revenue of $2.012 billion and a net loss of $152 million.

Key Takeaways

Bausch Health Companies Inc. announced its first-quarter 2020 financial results. Revenues were $2.012 billion, and the GAAP net loss was $152 million. The company lowered its full-year revenue and Adjusted EBITDA guidance ranges due to the COVID-19 pandemic.

Revenues of $2.012 Billion.

GAAP Net Loss of $152 Million.

Adjusted EBITDA (non-GAAP) of $813 Million.

GAAP Cash Generated from Operations of $261 Million.

Total Revenue
$2.01B
Previous year: $2.02B
-0.2%
EPS
$0.88
Previous year: $1.03
-14.6%
Adjusted EBITDA
$813M
Previous year: $851M
-4.5%
Cash from Operations
$261M
Previous year: $413M
-36.8%
Gross Profit
$1.49B
Previous year: $1.48B
+0.9%
Cash and Equivalents
$912M
Previous year: $782M
+16.6%
Free Cash Flow
$189M
Previous year: $366M
-48.4%
Total Assets
$31.9B
Previous year: $32.6B
-2.1%

Bausch Health

Bausch Health

Bausch Health Revenue by Segment

Forward Guidance

Bausch Health lowered its revenue and Adjusted EBITDA guidance ranges for the full year of 2020, primarily due to the actual and anticipated impacts of the COVID-19 pandemic.

Revenue & Expenses

Visualization of income flow from segment revenue to net income