Bausch + Lomb Corporation reported its third-quarter 2025 financial results. The company recorded a net loss attributable to Bausch + Lomb Corporation of $28.0 million for the third quarter of 2025, compared to net income of $4.0 million in the same period of 2024, reflecting an unfavorable change of $32.0 million primarily due to an increase in income tax provision. Adjusted net income attributable to Bausch + Lomb Corporation (non-GAAP) was $66.0 million, up from $46.0 million in the prior year period. Cash flow from operations for the third quarter of 2025 was $137.0 million, down from $154.0 million in the third quarter of 2024, a decrease of $17.0 million, mainly due to business transformation payments. GAAP earnings per share $(EPS)$ basic and diluted attributable to Bausch + Lomb Corporation was ($0.08) for the third quarter of 2025, compared to $0.01 for the same period in 2024. Adjusted EPS (non-GAAP) was $0.18, up from $0.13 in the prior year period. Adjusted EPS excluding Acquired IPR&D (non-GAAP) was $0.18, compared to $0.17 in the third quarter of 2024. Adjusted EBITDA (non-GAAP) was $243.0 million for the third quarter of 2025, up from $212.0 million in the third quarter of 2024. Adjusted EBITDA excluding Acquired IPR&D (non-GAAP) was $243.0 million, compared to $227.0 million in the same period of 2024. During the period, the company reported broad-based revenue growth across all segments, led by Pharmaceuticals and Vision Care. It also expanded its leadership in dry eye with growth in MIEBO, and regained momentum in premium IOLs with growth in enVista and LUX platforms.