Bausch Health Companies Q4 Sales $2.41B Beat $2.30B Estimate, Adjusted Net Income Of $406M
Portfolio Pulse from Benzinga Newsdesk
Bausch Health Companies reported Q4 sales of $2.41 billion, surpassing the $2.30 billion estimate, marking a 9.80% increase from last year's $2.19 billion. Adjusted net income was $406M.
February 22, 2024 | 12:12 pm
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Bausch Health Companies exceeded Q4 sales estimates with $2.41 billion and reported an adjusted net income of $406M.
Beating sales estimates and showing a significant year-over-year growth in sales indicates strong performance and operational efficiency. This positive earnings report is likely to instill investor confidence and could lead to a short-term uptick in BHC's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100