NYSE$BHC
Bausch Health Companies Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Bausch Health announced second-quarter 2023 results, raised full-year 2023 revenue outlook, and provided other key updates from the quarter.
Bausch Health reported a strong second quarter with revenue of $2.17 billion, up 10% reported and 11% organic. GAAP net income attributable to Bausch Health Companies Inc. was $26 million, and adjusted EBITDA was $727 million, up 4%. The company raised its full-year revenue outlook and reaffirmed its adjusted EBITDA guidance.
- Favorable Motion Ruling in Xifaxan® Litigation Reinforces Continuing Salix Growth Strategy
- Balance Sheet Initiatives Further Enhance Liquidity Profile
- Continued Evaluation of Optimal Implementation of Potential Bausch + Lomb Distribution
- Revenue of $2.17 billion, Up 10% Reported and 11% Organic
Headline financials
Revenue & EPS history
Bausch Health · Revenue · Quarterly
$2.17B
Revenue by segment
Bausch Health · $1.82B total across 3 segments · Q2 2023
- Bausch + Lomb/International$1.04B+10.0%56.9%
- Salix$557M+11.2%30.6%
- Diversified Products$228M-3.0%12.5%
Forward guidance
The Company increased its full year revenue guidance and reaffirmed its Adjusted EBITDA1 guidance for Total Bausch Health
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
+0.2%
Avg return
Earnings day
-0.6%
Avg return
5 days after
-1.9%
Avg return
30 days after
51%
35 / 68 earnings
Positive
+30.6%
Q1 2017
Best reaction
-21.5%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +10.9% | +0.9% | -4.1% | |
| Q4 2025 | -4.5% | -2.7% | -19.1% | |
| Q3 2025 | +12.4% | +14.2% | +7.6% | |
| Q1 2025 | +0.0% | -10.6% | -14.5% | |
| Q4 2024 | +10.3% | +15.8% | +10.0% | |
| Q3 2024 | +12.7% | +13.5% | +2.6% | |
| Q2 2024 | -6.6% | -10.6% | -1.7% | |
| Q1 2024 | -10.6% | -15.3% | -25.0% | |
| Q4 2023 | +5.9% | +5.9% | +10.3% | |
| Q3 2023 | +6.9% | +2.4% | +4.0% | |
| Q2 2023 | -2.9% | -4.6% | -9.3% | |
| Q1 2023 | -21.2% | -20.8% | +11.2% | |
| Q4 2022 | +10.8% | +7.8% | -16.3% | |
| Q3 2022 | +7.5% | +8.4% | +21.4% | |
| Q2 2022 | -3.3% | +2.9% | +14.7% | |
| Q1 2022 | -21.5% | -16.0% | -35.0% | |
| Q4 2021 | -1.9% | +1.9% | -3.3% | |
| Q3 2021 | -4.5% | -1.9% | -17.8% | |
| Q2 2021 | -15.5% | -10.1% | -0.7% | |
| Q1 2021 | -10.8% | -10.6% | +0.9% | |
| Q4 2020 | -0.9% | +0.6% | -1.8% | |
| Q3 2020 | -3.1% | -4.0% | +11.0% | |
| Q2 2020 | -7.2% | -9.2% | -16.3% | |
| Q1 2020 | -1.8% | +0.2% | +12.4% | |
| Q4 2019 | -5.8% | -7.3% | -51.3% | |
| Q3 2019 | +0.8% | +1.1% | +10.6% | |
| Q2 2019 | -4.0% | -3.0% | -6.9% | |
| Q1 2019 | +8.7% | +8.0% | -9.0% | |
| Q4 2018 | -6.7% | -7.3% | -2.0% | |
| Q3 2018 | +6.1% | +6.4% | -5.2% | |
| Q2 2018 | +5.4% | -2.9% | -7.3% | |
| Q1 2018 | +11.5% | +14.8% | +37.4% | |
| Q4 2017 | -17.5% | -16.8% | -13.9% | |
| Q3 2017 | +23.6% | +27.7% | +46.4% | |
| Q2 2017 | -8.5% | -9.6% | -12.9% | |
| Q1 2017 | +30.6% | +40.0% | +36.6% | |
| Q4 2016 | -18.7% | -21.8% | -33.7% | |
| Q3 2016 | -15.9% | -5.9% | -19.3% | |
| Q2 2016 | +21.7% | +11.0% | +33.5% | |
| Q1 2016 | -17.1% | -16.3% | -18.6% | |
| Q4 2015 | -7.4% | — | — | |
| Q3 2015 | -17.4% | — | — | |
| Q2 2015 | +5.4% | — | — | |
| Q1 2015 | +5.6% | — | — | |
| Q4 2014 | +14.7% | — | — | |
| Q3 2014 | +8.5% | — | — | |
| Q2 2014 | -6.1% | — | — | |
| Q1 2014 | -1.6% | — | — | |
| Q4 2013 | -1.0% | — | — | |
| Q3 2013 | +2.0% | — | — | |
| Q2 2013 | +6.2% | — | — | |
| Q1 2013 | +1.8% | — | — | |
| Q4 2012 | +1.3% | — | — | |
| Q3 2012 | -2.6% | — | — | |
| Q2 2012 | +2.2% | — | — | |
| Q1 2012 | +2.1% | — | — | |
| Q4 2008 | +6.3% | — | — | |
| Q4 2010 | +6.3% | — | — | |
| Q4 2011 | +6.3% | — | — | |
| Q3 2011 | -2.9% | — | — | |
| Q2 2011 | +3.9% | — | — | |
| Q1 2010 | +0.0% | — | — | |
| Q1 2011 | +6.3% | — | — | |
| Q3 2010 | -5.4% | — | — | |
| Q3 2009 | -5.4% | — | — | |
| Q2 2009 | +2.0% | — | — | |
| Q2 2010 | +2.0% | — | — | |
| Q4 2009 | +2.0% | — | — |
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