Bausch + Lomb Corporation (BLCO) has released an update.
Bausch + Lomb Corporation reported a strong first quarter in 2024 with revenues reaching $1.099 billion, an 18% increase over the previous year, and an adjusted EBITDA of $180 million. Despite a GAAP net loss of $167 million, the company experienced growth across all business segments and raised its full-year 2024 revenue growth guidance. These results were achieved even as foreign exchange fluctuations negatively impacted revenue by $20 million.
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