Bausch + Lomb Corporation (NYSE:BLCO) posted its Q1 earnings results yesterday, with EPS of $0.10 coming in below the Street estimate of $0.14. However, revenue of $931 million beat the Street estimate of $895.84 million.

The company provided its outlook on the full 2023 year, expecting revenue to be in the range of $3.9-3.95 billion, compared to the Street estimate of $5.32 billion.

The company expects organic growth of approximately 5-6% year-over-year for 2023, compared to 5% growth in 2022 and 8% growth in Q1/23.