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Bausch + Lomb Swings to Q1 Adjusted Profit, Revenue up

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-- Bausch + Lomb (BLCO.TO) reported a swing to first-quarter adjusted earnings as revenue rose slightly, the company said on Wednesday.

The company reported adjusted earnings of US$19 million, or US$0.05 per share, meeting the consensus analyst forecast of US$0.05 per share, according to FactSet. Bausch + Lomb reported an adjusted loss of US$54 million, or US$0.15 per share, in the prior year period.

Total reported revenue rose 9% to US$1.24 billion over the same period, beating the US$1.22 billion forecast. The company reported increased sales in all segments, with 14% revenue growth in pharmaceuticals led by higher sales for prescription dry eye treatments Miebo and Xiidra.

Bausch + Lomb raised its 2026 revenue guidance to US$5.42 billion to US$5.52 billion, from the previous guidance of US$5.375 billion to US$5.475 billion.

The company also guided to a slight increase in adjusted EBITDA for 2026 to US$1.01 billion to US$1.06 billion, from US$1.0 billion to US$1.05 billion.

Bausch + Lomb shares closed down $0.07, to $21.58 on Tuesday, on the Toronto Stock Exchange.

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