Bausch & Lomb posts quarterly profit

Wed Aug 8, 2007 9:53am EDT
 
[-] Text [+]

NEW YORK (Reuters) - Eye-care company Bausch & Lomb Inc. BOL.N on Wednesday posted a second-quarter profit of $15 million, reversing a year-earlier net loss of $15.1 million.

On a per share basis, the company earned 27 cents, vs. a loss of 28 cents in second quarter 2006, according to a filing with the U.S. Securities and Exchange Commission.

Sales rose to $649.5 million from $571.5 million, beating the analysts' average forecast of $614.6 million, according to Reuters Estimates.

(Reporting by Franklin Paul)

 
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better