Bausch+Lomb Results Presentation Deck
Reconciliation of Reported Revenue to Constant Currency Revenue¹ and
Constant Currency Revenue Growth¹ ($M)
Contact Lens
Consumer²
Surgical Consumables4
Surgical Implantables
Surgical Equipment
Lumify
Ocuvite + PreserVision
Artelac
Contact Lens (excluding impact of
distribution facility disruptions")
Premium IOLS
International Pharmaceuticals²
Vyzulta
BAUSCH + LOMB
1.
2.
3.
4.
5.
Calculation of Constant Currency Revenue for the Three Months Ended
June 30, 2023
June 30, 2022
Revenue as
Reported
215
431
102
47
46
43
104
36
230
11
82
15
Changes in
Exchange Rates³
6
9
1
1
6
1
2
Constant
Currency
Revenue (Non-
GAAP)¹
221
440
103
47
46
43333
105
36
236
12
84
15
Revenue as
Reported
213
375
93
49
42
35
94
29
213
9
70
12
Change in
Reported Revenue
Amount
2
56
9
(2)
4
8
10
7
17
2
12
3
Pct.
1%
15%
10%
-4%
10%
23%
11%
24%
8%
22%
17%
25%
Change in
Constant Currency Revenue
Amount
8
65
10
(2)
4
8
11
7
23
3
14
3
Pct.
4%
17%
11%
-4%
10%
23%
12%
24%
10%
33%
20%
25%
This is a non-GAAP measure or non-GAAP ratio. See Slide 1 and Non-GAAP Appendix for further information on non-GAAP measures and ratios.
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.
The impact for changes in foreign currency exchange rates is determined as the difference in the current period reported revenues t their current period currency exchange rates and the current period reported revenues revalued using the monthly average currency
exchange rates during the comparable prior period.
As of the first quarter of 2023, certain products were recategorized across the consumables, implantables and equipment product categories. This change was made as management believes this better aligns these products in their respective categories. Prior period
presentations of product categories have been conformed to current product category structure to allow investors to evaluate results between periods on a consistent basis..
Contact Lens Revenue Impact of distribution facility disruptions is approximately $15M.
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