Bausch+Lomb Results Presentation Deck slide image

Bausch+Lomb Results Presentation Deck

YTD Total Bausch + Lomb P&L¹ (GAAP) Bausch + Lomb Vision Care Revenue ³ Surgical Revenue Pharmaceuticals Revenue ³ Total Revenue Gross Profit Gross Margin R&D R&D % of Revenues SG&A SG&A % of Revenues Operating Income Net (Loss) Income Attributable to B+L Net (Loss) Income Margin EPS Attributable to B+L BAUSCH+ LOMB 1Q23-3Q23 $1,881 M $563M $529M $2,973 M $1,632M 54.9% $244 M 8.2% $1,253M 42.1% $81M ($206M) (6.9%) ($0.59) 1Q22-3Q224 $1,745M $530M $497M $2,772M $1,484M 53.5% $229M 8.3% $1,092M 39.4% $156M $7M 0.3% $0.02 Reported Change 8% 6% 6% 7% 10% 140 bps (7%) (15%) Constant Currency Change ² 11% 7% 8% 9% 13% (7%) (16%) 1. Products with sales outside the United States impacted by F/X changes. 2. This is a non-GAAP measure or ratio. See Slide 1 and Appendix for further information on non-GAAP measures and ratios. 3. Effective in the first quarter of 2023, certain products historically included in the reported results of the Pharmaceuticals segment are now included in the reported results of the Vision Care segment and certain products included in the reported results of the Vision Care segment are now included in the reported results of the Pharmaceuticals segment. Management believes these movements are necessary in order to better align these products with the groupings of similar products. The net impact of these product movements was not material to the periods presented. Prior period presentations of segment revenues have been conformed to the current segment reporting structure. 4. YTD 2022 results were not fully burdened by all stand-up costs associated with the separation 28
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