Bausch Health takes impairment charges on Ortho Dermatologics, reports wider loss [Toronto Globe and Mail (Ontario, Canada)]
Bausch Health Companies Inc. (BHC)
Last bausch health companies inc. earnings: 2/19 06:59 am
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Source: Toronto Globe and Mail
Bausch Health takes impairment charges on Ortho Dermatologics, reports wider loss Bausch Health reported quarterly results on Tuesday. Ryan Remiorz/The Canadian Press Bausch Health reported quarterly results on Tuesday. Bausch Health Companies Inc. reported a first-quarter loss of US$610 million compared with a loss of US$152 million a year earlier. The company, which keeps its books in U.S. dollars, says the loss amounted to US$1.71 per diluted share for the quarter compared with a loss of 43 cents per diluted share in the first three months of 2020. The results included a US$469-million goodwill impairment charge in its Ortho Dermatologics business and a US$71-million impairment charge related to a product line in Ortho Dermatologics. On an adjusted basis, Bausch Health says it earned US$370 million for the quarter, up from an adjusted profit of US$316 million for same quarter last year. Revenue for the quarter totalled nearly US$2.03 billion for the first quarter of 2021 compar
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- 3/4/24 - Form 4
- 3/4/24 - Form 4
- 3/4/24 - Form 4
- BHC's page on the SEC website