Bausch+Lomb Results Presentation Deck slide image

Bausch+Lomb Results Presentation Deck

3Q23 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 Revenue SG&A SG&A % of Revenue Operating Income Net Loss Attributable to B+L Net Loss Margin EPS Attributable to B+L BAUSCH+ LOMB 3Q23 $648M $185M $174M $1,007 M $568M 56.4% $82M 8.1% $418M 41.5% $40M ($84M) (8.3%) ($0.24) 3Q22 $597M $172M $173M $942M $510M 54.1% $77M 8.2% $381M 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. 40.4% $46M ($18M) (1.9%) ($0.05) Reported Change 9% 8% 1% 7% 11% 230 bps (6%) (10%) Constant Currency Change² 11% 6% 1% 8% 14% (5%) (10%) 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. 9
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