Valeant Pharma (VRX) Reports Q2 Loss of $0.11, Adj-EBITDA Beats; Maintains FY EPS, Lowers FY Revs

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Valeant Announces Second-Quarter 2017 Results

August 8, 2017 7:00 AM EDT

LAVAL, Quebec, Aug. 8, 2017 /PRNewswire/ --

Second-Quarter 2017 Financial Results Revenues of $2.233 Billion GAAP Net Loss of $38 Million Adjusted Net Income (non-GAAP) of $362 Million Year-to-Date GAAP Cash Flow from Operations of $1.222 Billion Adjusted EBITDA (non-GAAP) Sequential Increase of 10% to $951 Million Delivered Strong Organic Growth1 (non-GAAP) in Bausch + Lomb/International Segment and Salix Business Expects to Exceed $5 Billion Debt Reduction Commitment Early Updates 2017 Full-Year Revenue Guidance Range and Maintains 2017 Full-Year Adjusted EBITDA (non-GAAP)... More