Bausch + Lomb Sees Revenue Surge in Q2 2024
Company Announcements

Bausch + Lomb Sees Revenue Surge in Q2 2024

Story Highlights

Bausch + Lomb Corporation (BLCO) has released an update.

Bausch + Lomb Corporation reported a significant increase in revenue to $1.216 billion in the second quarter of 2024, a 17% rise from the previous year, alongside a GAAP net loss of $151 million. The company experienced robust growth across all segments, highlighting a 20% increase in constant currency terms, and is raising its full-year revenue and adjusted EBITDA guidance due to strong performance.

For further insights into BLCO stock, check out TipRanks’ Stock Analysis page.

Related Articles
Casey Dylan, CIMABausch + Lomb (BLCO) Posts Impressive Revenue and Explores Potential Sale
TheFlyBausch + Lomb price target raised to $24 from $20 at Citi
TheFlyBausch + Lomb price target raised to $26 from $23 at Wells Fargo
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App