11:01 AM EDT, 08/01/2024 (MT Newswires) -- Bausch Health ( BHC ) shares rose 3.2% in recent Thursday trading after the company reported its Q2 financial results and boosted its full-year revenue guidance.

The company reported Q2 earnings of $0.03 per share, down from $0.07 a year earlier.

Two analysts surveyed by Capital IQ expected a loss of $0.02.

Revenue for the quarter ended June 30 was $2.40 billion, up from $2.17 billion a year ago.

Analysts surveyed by Capital IQ expected $2.35 billion.

The company raised its 2024 revenue outlook to $9.4 billion to $9.65 billion from the prior range of $9.3 billion to $9.55 billion. Analysts surveyed by Capital IQ expect $9.40 billion.

Price: 6.22, Change: +0.19, Percent Change: +3.15