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Mar 31, 2022

Bausch Health Q1 2022 Earnings Report

Bausch Health reported a revenue of $1.918 billion and a net loss of $69 million.

Key Takeaways

Bausch Health Companies Inc. announced its first-quarter 2022 financial results. The company reported revenues of $1.918 billion and a GAAP net loss of $69 million. Adjusted EBITDA was $732 million. Bausch + Lomb commenced trading under the ticker "BLCO" following its IPO.

Revenues of $1.918 Billion

GAAP Net Loss of $69 Million

Adjusted EBITDA (non-GAAP) of $732 Million

Bausch + Lomb Commenced Trading Under “BLCO” Ticker Following IPO

Total Revenue
$1.92B
Previous year: $2.03B
-5.4%
EPS
$0.72
Previous year: $1.02
-29.4%
Adjusted EBITDA
$732M
Previous year: $852M
-14.1%
Cash from Operations
-$63M
Previous year: $443M
-114.2%
Gross Profit
$1.37B
Previous year: $1.45B
-5.9%
Cash and Equivalents
$1.25B
Previous year: $679M
+83.9%
Free Cash Flow
-$109M
Previous year: $377M
-128.9%
Total Assets
$29.1B
Previous year: $30.2B
-3.7%

Bausch Health

Bausch Health

Bausch Health Revenue by Segment

Forward Guidance

Bausch Health updated its guidance for the full year of 2022 as follows: Full-Year revenue range of $8.25 – $8.40 billion, reaffirming organic growth of 3 – 5%. Full-Year Adjusted EBITDA (non-GAAP) range of $3.225 – $3.375 billion, including $100 million of the previously disclosed $150 million annual run rate of dis-synergies

Revenue & Expenses

Visualization of income flow from segment revenue to net income