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Jun 30, 2022

Bausch + Lomb Q2 2022 Earnings Report

Second quarter results for 2022 announced, demonstrating the strength of the integrated eye care platform.

Key Takeaways

Bausch + Lomb reported $941 million in revenues for Q2 2022, a 1% increase compared to Q2 2021. GAAP Net Income was $5 million. The company reaffirmed its 2022 full-year revenue and adjusted EBITDA guidance ranges.

Revenues of $941 Million

GAAP Net Income of $5 Million

Adjusted EBITDA (non-GAAP) of $182 Million

GAAP Cash Flow from Operations of $156 Million

Total Revenue
$941M
Previous year: $934M
+0.7%
EPS
$0.29
Previous year: $0.12
+141.7%
Gross Profit
$562M
Previous year: $567M
-0.9%
Cash and Equivalents
$446M
Previous year: $281M
+58.7%
Free Cash Flow
$122M
Previous year: $205M
-40.5%
Total Assets
$11B

Bausch + Lomb

Bausch + Lomb

Bausch + Lomb Revenue by Segment

Forward Guidance

Bausch + Lomb maintained guidance for the full year of 2022 as follows: •Full-year revenue range of $3.75 – $3.80 billion, reflecting anticipated 4-5% organic1,2 growth •Full-year Adjusted EBITDA (non-GAAP)1 range of $740 – $780 million

Revenue & Expenses

Visualization of income flow from segment revenue to net income