Bausch + Lomb Corporation (NYSE:BLCO) Q3 2022 Earnings Conference Call November 2, 2022 8:00 AM ET

Company Participants

Alison Ryan - Investor Relations

Joseph Papa - Chief Executive Officer

Sam Eldessouky - Executive Vice President and Chief Financial Officer

Conference Call Participants

Zack Weiner - Jefferies

Cecilia Furlong - Morgan Stanley

Vijay Kumar - Evercore

Craig Bijou - Bank of America

Larry Biegelsen - Wells Fargo

Pito Chickering - Deutsche Bank

Operator

Good morning, and welcome to the Bausch + Lomb Third Quarter 2022 Earnings Call. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Alison Ryan. Please go ahead.

Alison Ryan

Thank you. Good morning, everyone, and welcome to our third quarter 2022 financial results conference call. Participating on today's call are Chief Executive Officer, Mr. Joe Papa; and Chief Financial Officer, Mr. Sam Eldessouky. 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. 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 and to not update or affirm guidance other than through broadly disseminated public disclosure.

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

Joseph Papa

Thank you, Allison, and thank you, everyone, for joining us today. I will begin some comments about our Bausch + Lomb third quarter highlights. Sam Eldessouky, our CFO, will then review the third quarter financial results in detail and discuss our 2022 guidance. Finally, I will conclude by discussing our product pipeline and upcoming catalysts before opening the line for questions.

Before I start, I want to especially thank our B&L team for their strong efforts in the third quarter of 2022, our first full quarter as a public company. As an integrated eye care company operating today Bausch + Lomb uniquely positioned in the eye health market. On Page 4, you see that we are building on approximately 170 years of success as a leading eye health brand, Bausch + Lomb is a company with the highest brand awareness in eye care. And as a global leader in consumer eye health, we have outpaced U.S. market growth by approximately 1.7 times since 2018.