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Published through 2026-11-02 15:11 UTC · Automated cloud publishing.

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Bausch + Lomb Reports Q3 Growth and Raises Guidance Under Interim CEO Appio

5 reports4 reporting sourcesUpdated 4 days ago

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On October 12, 2026, Bausch + Lomb announced the departure of CEO Brent Saunders via mutual agreement with the board, appointing Thomas J. Appio as interim CEO effective immediately. Initial reports from Contact Lens Spectrum and Vision Monday clarified that Appio holds dual roles as chairman of Bausch + Lomb’s board and CEO of parent company Bausch Health since 2022. By October 15, Optical Prism expanded the narrative to include financial expectations, noting that both companies anticipated raising their 2026 guidance. This forward-looking statement marked a shift from earlier coverage focused solely on leadership mechanics. The latest development, reported by Vision Monday on October 29, 2026, confirms these financial projections through concrete third-quarter results. Bausch + Lomb reported total revenue of $1.375 billion for Q3 2026, representing a 7 percent increase from $1.281 billion in the same period of 2025. The report explicitly states that the company has raised its full-year guidance, aligning with the anticipations noted in mid-October. While the specific reasons for Saunders’ departure remain undisclosed across all sources, the chronological progression shows a consistent transition plan culminating in verified financial growth and updated strategic outlooks under Appio’s interim leadership.

AI-generated from reporting · updated 4 days ago

Developments

2 developments
  1. 10-29 12:27 · 2 reports
    Bausch + Lomb reports Q3 2026 results and raises guidance
    Vision Monday — Business:Bausch + Lomb Reports Q3 2026 Revenue Growth and Raises Full-Year Guidance
  2. 10-12 12:00 · 3 reports
    Bausch + Lomb Names Interim CEO as Saunders Departs
    Contact Lens Spectrum:Bausch + Lomb Appoints Thomas J. Appio as Interim CEO Following Brent Saunders' Departure

Reporting timeline

Follow the reporting for different perspectives.

10-29
  1. Acuité
    Bausch + Lomb Reports 7% Revenue Growth in Q3 2026 with Net Profit Turnaround

    Bausch + Lomb reported a 7% increase in third-quarter 2026 revenue, reaching $1.375 billion compared to $1.281 billion in the same period of 2025. The company posted a net profit of $32 million, reversing a net loss of $28 million from the previous year. Adjusted EBITDA rose to $325 million from $243 million, while operating cash flow increased to $233 million from $137 million. Segment performance showed Vision Care revenue growing 5% to $774 million, Surgical rising 9% to $234 million, and Pharmaceuticals increasing 11% to $367 million. Specific product lines contributed significantly: Miebo sales jumped 42% to $119 million, Lumify grew 35%, daily silicone-hydrogel lenses advanced 24%, and premium intraocular implants saw approximately 70% growth. For the first nine months of 2026, total revenue reached $4.013 billion, up 9% year-over-year, prompting an upward revision of full-year 2026 revenue guidance.

  2. Vision Monday — Business
    Bausch + Lomb Reports Q3 2026 Revenue Growth and Raises Full-Year Guidance

    Global eye health company Bausch + Lomb Corporation reported third-quarter 2026 financial results, generating $1.375 billion in total revenue, a 7 percent increase from $1.281 billion in Q3 2025. Excluding unfavorable foreign exchange impacts of $6 million, constant currency revenue rose approximately 8 percent. Growth occurred across all three segments: Vision Care increased 5 percent (6 percent constant currency), Surgical grew 9 percent, and Pharmaceuticals rose 11 percent. Key drivers included daily SiHy contact lenses, Lumify, premium IOLs, and Miebo. Operating income reached $155 million, up from $95 million the prior year. The company raised its full-year 2026 revenue guidance to $5.45–$5.55 billion from $5.44–$5.54 billion.

10-15
  1. Optical Prism
    Bausch + Lomb Appoints Thomas J. Appio as Interim CEO; Expects to Raise 2026 Guidance

    Bausch + Lomb and parent company Bausch Health announced the appointment of Thomas J. Appio as interim chief executive officer, effective immediately. Appio, who has served as Bausch Health CEO since 2022 and was appointed chairman of the Bausch + Lomb Board in August 2026, will continue leading Bausch Health while assuming this role. Brent Saunders, CEO since 2023, departed following a mutual agreement with the Board. Based on preliminary third-quarter results, both companies expect to raise full-year 2026 adjusted EBITDA guidance excluding Acquired IPR&D. Specific details regarding the updated financial outlook will be provided when the companies report their third-quarter results on October 28, 2026.

10-12
  1. Vision Monday — Business
    Bausch + Lomb Names Thomas J. Appio Interim CEO Following Brent Saunders' Departure

    Bausch + Lomb Corporation announced that Thomas J. Appio, chairman of its board and CEO of parent company Bausch Health, has been appointed interim CEO effective immediately. This follows the mutual agreement for Brent Saunders to depart his role as CEO, a position he held since 2023; no reason for the departure was disclosed. Appio will continue serving as Bausch Health CEO while leading Bausch + Lomb. The board cited Appio’s deep business knowledge and global leadership experience as key factors in the appointment. Separately, based on preliminary third-quarter results, both companies expect to raise full-year 2026 adjusted EBITDA guidance excluding Acquired IPR&D. Detailed financial results are scheduled for release on October 28, 2026, following the current blackout period.

  2. Contact Lens Spectrum
    Bausch + Lomb Appoints Thomas J. Appio as Interim CEO Following Brent Saunders' Departure

    Bausch + Lomb announced that Brent Saunders stepped down as CEO effective October 12, 2026, with Thomas J. Appio appointed as interim CEO. The company stated the departure was mutually agreed upon by Saunders and the board, though no reason was disclosed. Appio, who became chairman of Bausch + Lomb’s board in August 2026, will continue serving as CEO of parent company Bausch Health, a role he has held since 2022. He previously served in leadership roles at Bausch + Lomb, including president of its international business. Saunders had led Bausch + Lomb since 2023, marking his second tenure after serving from 2010 to 2013. Prior to this, he was CEO of Allergan until its acquisition by AbbVie in 2020.

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Current coverage 3·Comparable peak 18(10-29 19:00)·Comparable change over 24 hours -73%

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