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Why Bausch Health Companies Shares Are Falling After Q1 Results

Bausch Health Companies Inc. (NYSE:BHC) shares are trading lower on Thursday after reporting first-quarter results. The company reported adjusted quarterly earnings per share of 59 cents, missing the street view of 72 cents.  Sales of $2.153 billion marginally missed the analyst consensus of $2.156 billion. Sales increased 11% on a reported basis and 8% on an organic basis. Segment Details: Bausch + Lomb segment reported revenues were $1.099 billion for the first quarter of 2024, compared with $931 million for the ...