Bausch + Lomb Corporation (NYSE:BLCO) Q1 2024 Earnings Conference Call May 1, 2024 8:00 AM ET

Company Participants

George Gadkowski - VP, IR & Business Insights
Brent Saunders - Chairman & CEO
Sam Eldessouky - EVP & CFO

Conference Call Participants

Patrick Wood - Morgan Stanley
Young Li - Jefferies
Robbie Marcus - JPMorgan
Joanne Wuensch - Citi
Vijay Kumar - Evercore ISI
Matt Miksic - Barclays
Doug Miehm - RBC

Operator

Good morning, and welcome to the Bausch + Lomb's First Quarter 2024 Earnings Call. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to George Gadkowski, Vice President of Investor Relations and Business Insights. Please go ahead.

George Gadkowski

Thank you. Good morning, everyone, and welcome to our first quarter 2024 financial results conference call.

Participating on today's call are Chairman and Chief Executive Officer, Mr. Brent Saunders; and Chief Financial Officer, Mr. Osama 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, I 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 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 and ratios, please refer to Slide 1 of the presentation. Non-GAAP reconciliations can be found in the appendix to the presentation posted on our website.

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 to broadly disseminated public disclosure.

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

Brent Saunders

Thank you, George, and thank you, everyone, for joining us. Today marks nearly 1-year since my first earnings call following my return to Bausch + Lomb. We've accomplished quite a bit in that time frame, which we'll cover as we review first quarter performance and highlight growth drivers for the remainder of the year. These areas of focus are familiar to you by now. and continue to drive our strategy.

Let's start with revenue. We saw 20% top line growth on a constant currency basis for the quarter, thanks to outperformance from each of our business units. Our quality of growth isn't limited to reporting segments, as we delivered solid results across geographies. In other words, we're in an enviable position of not being reliant on 1 business or region as drivers of our performance.