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Bausch & Lomb posts quarterly profit

NEW YORK
Wed Aug 8, 2007 9:53am EDT

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)


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