Companies /Healthcare

Bausch + Lomb Corp

NYSE: BLCO Medical Instruments & Supplies
$18.14
▲ $0.14 (+0.78%) today
Markets closed · 9:00pm ET

Q2 2025 Earnings

Reported Jul 30, 2025, 7:00am ET · SEC source
$0.07
Miss −16.86%
EPS · est. $0.08
$1.3B
Beat +1.78%
Revenue · est. $1.3B
+5.0%
Beating market
BLCO vs S&P since report
3 quarters
Consecutive EPS misses

Market Reaction

% change · around the report
−12%−8%−4%0Jul 30Jul 31report 7:00am ETearnings+0.2%−9.2%
−12%−8%−4%0Jul 30Jul 31earnings+0.2%−9.2%
BLCO −9.2%S&P 500 +0.2%
−12%−8%−4%0Jul 30Jul 31report 7:00am ETearnings+0.2%−9.2%
−12%−8%−4%0Jul 30Jul 31earnings+0.2%−9.2%
BLCO −9.2%NASDAQ +0.2%
−12%−8%−4%0Jul 29Aug 6report 7:00am ETearnings−0.6%−5.9%
−12%−8%−4%0Jul 29Aug 6earnings−0.6%−5.9%
BLCO −5.9%S&P 500 −0.6%
−12%−8%−4%0Jul 29Aug 6report 7:00am ETearnings−0.3%−5.9%
−12%−8%−4%0Jul 29Aug 6earnings−0.3%−5.9%
BLCO −5.9%NASDAQ −0.3%
−6.42%
Day of report
−0.58%
Next session
+2.92%
One week
+6.71%
30 days

S&P 500 over the same 30 days: +1.67%.

Did BLCO Beat Earnings? Q2 2025 Results

Bausch & Lomb delivered a modest beat in the second quarter of 2025, posting adjusted earnings of $0.07 per share against a consensus estimate of $0.06, a 16.67% positive surprise, while revenue climbed 5.1% year-over-year to $1.28 billion on broad-based momentum across its portfolio. The standout driver was Vision Care, which generated $753.00 million in segment revenue, up 8% as reported, propelled by a dry eye franchise that has reached roughly $1.00 billion in trailing twelve-month sales, alongside gains in Daily SiHy contact lenses and consumer brands including LUMIFY and ARTELAC. The strong top-line performance came despite an operating loss of $11.00 million, higher interest expense of $128.00 million tied partly to a debt refinancing, and lingering headwinds from the enVista IOL voluntary recall, though full production has since resumed. Management cited the underlying business strength and a favorable currency backdrop to raise full-year 2025 revenue guidance to $5.05 billion to $5.15 billion and lift adjusted EBITDA guidance to $860.00 million to $910.00 million, with an investor day scheduled for November 13 to highlight pipeline opportunities.

Key Takeaways
  • Dry eye portfolio reaching approximately $1 billion in trailing 12-month revenue
  • Daily SiHy contact lenses, ULTRA monthly, and Biotrue ONEday contact lens growth
  • LUMIFY, ARTELAC, and Blink consumer brand strength
  • MIEBO sales growth partially offsetting XIIDRA pricing pressure
  • Consumables growth in the Surgical segment

“Our continued growth speaks to the breadth and depth of our portfolio and is driven by a mix of hero products and a steady stream of new introductions around the world.”

Bausch & Lomb CEO, on the earnings call

Forward Guidance & Outlook

Bausch + Lomb raised its full-year 2025 guidance: revenue now expected at $5.050B–$5.150B (previously $5.000B–$5.100B), with constant currency growth of approximately 5–7% (previously ~4.5–6.5%). Adjusted EBITDA excluding Acquired IPR&D is now expected at $860M–$910M (previously $850M–$900M). Full-year revenue foreign exchange tailwinds are estimated at $25M. The guidance increase reflects solid underlying business performance and a weaker U.S. dollar. An investor day is scheduled for November 13 to showcase the pipeline.

BLCO YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$400.0M$800.0M$1.2B$1.2B$1.3BRevenue$733.0M$753.0MGross Profit$-39,008,431$-62,000,000Net Income
$0$400.0M$800.0M$1.2BRevenueGross ProfitNet Income

BLCO Revenue by Segment

Vision Care$753.0M+8.0%
Pharmaceuticals$309.0M+0.0%
Surgical$216.0M+3.0%

Figures from SEC filings and company reports. Not investment advice.