04:37 PM EST, 02/19/2025 (MT Newswires) -- Bausch Health Companies ( BHC ) was last seen up 2.8% in after-hours New York trading after the company on Wednesday reported higher fourth-quarter adjusted profit as revenue rose slightly.
The healthcare company reported consolidated adjusted profit, excluding most one-time items, of US$430 million for the fourth quarter, up from US$406 million in the year-prior quarter. The increase was due to higher revenue and gross profit, partially offset by higher selling, general and administrative expenses.
GAAP earnings per share was US$0.25, a turnaround from the prior year's loss of US$0.11 per share.
Total consolidated reported revenues rose 6% to US$2.56 billion.
Bausch Health ( BHC ) is guiding to 2025 revenue of US$9.9 billion to US$10.15 billion. Excluding Bausch + Lomb, the company is expecting revenue of US$4.95 billion to US$5.1 billion.
The company's shares were last seen up US$0.18 to US$6.69 after hours. They closed up $0.27 to $9.30 on the Toronto Stock Exchange.