Bausch+Lomb Results Presentation Deck slide image

Bausch+Lomb Results Presentation Deck

YTD Total Bausch + Lomb P&L¹ (GAAP) Bausch + Lomb Vision Care Revenue³ 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 Bausch + Lomb Net (Loss) Income Margin EPS Attributable to Bausch + Lomb BAUSCH+ LOMB 1Q23-2Q23 $1,233M $378M $355M $1,966M $1,064 M 54.1% $162M 8.2% $835M 42.5% $41M ($122M) (6.2%) ($0.35) 1Q22-2Q224 $1,148M $358M $324M $1,830M $974M 53.2% $152M 8.3% $711M 38.9% $110M $25M 1.4% $0.07 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. Reported Change Constant Currency Change² 10% 8% 12% 10% 12% 7% 6% 10% 7% 9% 90 bps (7%) (17%) (7%) (20%) 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 29
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