Bausch Health Companies GAAP EPS of -$0.40 misses by $0.30, revenue of $1.97B misses by $70M, cuts FY22 revenue guidance

Aug. 09, 2022 7:02 AM ETBausch Health Companies Inc. (BHC), BHC:CABy: Gaurav Batavia, SA News Editor10 Comments
  • Bausch Health Companies press release (NYSE:BHC): Q2 GAAP EPS of -$0.40 misses by $0.30.
  • Adjusted net income  attributable to Bausch Health (non-GAAP)1 for the second quarter of 2022 was $201 million.
  • Revenue of $1.97B (-6.2% Y/Y) misses by $70M.
  • Shares -4.6% PM.
  • Full year revenue range of $8.05 - $8.22 billion compared to prior guidance of $8.25 - $8.40 billion vs. $8.32B consensus
  • Full year Adjusted EBITDA (non-GAAP) range of $3.02 - $3.12 billion compared to prior guidance of $3.225 - $3.375 billion

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