Bausch + Lomb Corporation (NYSE:BLCO) Q4 2022 Earnings Conference Call February 22, 2023 8:00 AM ET

Company Participants

Art Shannon – Investor Relations

Joe Papa – Chief Executive Officer

Brent Saunders – Incoming Chief Executive Officer and Chairman of the Board of Directors

Sam Eldessouky – Executive Vice President and Chief Financial Officer

Conference Call Participants

Craig Bijou – Bank of America

Cecilia Furlong – Morgan Stanley

Matt Miksic – Barclays

Vijay Kumar – Evercore ISI

Joanne Wuensch – Citi

Operator

Good morning, and welcome to Bausch + Lomb's Fourth Quarter 2022 Earnings Call. All participants will be in a listen-only mode. [Operator instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Mr. Art Shannon. Please go ahead.

Art Shannon

Thank you very much. Good morning, everyone, and welcome to our fourth quarter and full year 2022 financial results conference call. Participating on today's call are Chief Executive Officer, Mr. Joe Papa; and Chief Financial Officer, Mr. Sam Eldessouky. Additionally, incoming Chief Executive Officer and Chair of the Board of Directors, Mr. Brent Saunders, will provide remarks, but will not address Q&A during the call today. In addition to this live webcast, a copy of today's slide presentation and a replay of this conference call will be available on our website under the Investor Relations section.

Before we begin, we would like to remind you that our presentation today contains forward-looking information. We would ask that you take a moment to read the forward-looking statement legend at the beginning of our presentation as it contains important information. This presentation contains non-GAAP financial measures and ratios. For more information about these measures, please refer to Slide 2 of the presentation. Non-GAAP reconciliations can be found in the appendix to the presentation posted on our website. Finally, the financial guidance in this presentation is effective as of today only, it is our policy to generally not update guidance until the following quarter unless required by law and not to update or affirm guidance other than through broadly disseminated public disclosure.

With that, it's my pleasure to turn the call over to Joe.

Joe Papa

Thank you, Art, and thank you, everyone, for joining us today. Before we get into the results, I'd like to say a few words about last week's announcement that Brent Saunders will become Bausch + Lomb's next CEO on March 6th. Brent has a long and esteemed track record as a healthcare industry leader, including as Chief Executive Officer of Bausch + Lomb from 2010 to 2013. I have personally known Brent for many years, and I am confident that he is the right skills and experience to lead Bausch + Lomb at this pivotal time in the company's history. Brent is here with us today and I'd like to invite him to say a few words.