By The Canadian Press on January 13, 2021.
LAVAL, Que. – Bausch Health Companies Inc. says it expects its revenue for 2020 to top its guidance for the year, following a strong finish.
The company says it expects its revenue to total more than US$2.2 billion for its fourth quarter.
It also says revenue for its full year is expected to beat its guidance for between US$7.8 billion and US$8 billion.
Bausch Health made the comments ahead of a presentation at an investor conference.
The company expects to release its full financial results for the fourth quarter and the full year next month.
Analysts on average had expected US$2.1 billion in revenue for the fourth quarter and US$7.9 billion for the full year, according to financial data firm Refinitiv.
This report by The Canadian Press was first published Jan. 13, 2021.
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