SHAREHOLDER ALERT - Baxter International Inc. (BAX) - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class ... INVESTOR ALERT - Baxter International Inc. (BAX) - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action ... Baxter International Inc. (BAX) CEO Joe Almeida on Q3 2019 Results - Earnings Call Transcript. Intangible asset amortization is excluded as a special item to facilitate an evaluation of future and past operating performance and is consistent with how management forecasts future performance.
“In response to the COVID-19 pandemic, we saw significant increases in demand for several products, particularly in the latter part of the first quarter. Includes sales of the company’s continuous renal replacement therapies (CRRT) and other organ support therapies focused in the intensive care unit (ICU). We partner with the healthcare community to continually find more efficient, smarter ways to help solve the world's most pressing healthcare challenges. For more than 85-years, we have worked at the intersection of saving and sustaining lives. The company's U.S. GAAP results for the three months ended March 31, 2020 included special items which impacted the U.S. GAAP measures as follows: Selling, General and Administrative Expenses, Net Income Attributable to Baxter Stockholders, Reported percent of net sales (or percent of income before taxes for income tax expense), Adjusted percent of net sales (or adjusted percent of income before taxes for income tax expense). This includes special items totaling $52 million, primarily related to intangible asset amortization and business optimization initiatives, partially offset by insurance recoveries related to the impact of Hurricane Maria.

The fourth quarter outlook for adjusted operating margin reflects the exclusion of special items that are highly variable or unusual, of a size that may substantially affect the Company’s forecast for the period, or are difficult to predict. Baxter Reports First-Quarter 2020 Results, U.S. FDA emergency use authorization (EUA) for the, https://www.businesswire.com/news/home/20200430005427/en/. In addition, sales in the quarter reflected increased demand for select product lines in response to the global COVID-19 pandemic. We are committed to attracting, motivating and retaining an inclusive and diverse workforce. This press release and the accompanying tables contain financial measures that are not calculated in accordance with GAAP.
Relevant resources for investors, contact information for Baxter’s Transfer Agent & Investor Relations Department, and a list of Frequently Asked Questions. Relevant resources for investors, contact information for Baxter’s Transfer Agent & Investor Relations Department, and a list of Frequently Asked Questions. Non-GAAP financial measures may provide a more complete understanding of the Company’s operations and can facilitate a fuller analysis of those operations, particularly in evaluating performance from one period to another. These results include special items totaling $93 million after-tax, which were primarily related to intangible asset amortization and acquisition and integration expenses. Upcoming, featured, and past events and presentations. These measures provide information on the percentage change in net sales growth assuming that foreign currency exchange rates have not changed between the prior and current periods. Sign up to receive e-mail alerts whenever Baxter International, Inc. posts new information to the site. Baxter's Annual Chairman Letter, Proxy Statement and Form 10-K filings sorted by year. Please see the attached schedules accompanying this press release for additional details on performance in the quarter, including sales by Baxter’s six global business units. Among recent highlights, the company: Given the high-degree of uncertainty around the potential financial impacts from the COVID-19 pandemic on Baxter’s operations, the company is not in a position to provide guidance for the second quarter or full-year 2020 at this time. Baxter continues to achieve significant milestones in pursuit of its Mission for patients and emphasis on accelerating profitable growth. The investigation is in its early stages and the Company cannot predict its duration or outcome. Resources & FAQs. As previously announced, Baxter will participate in the J.P. Morgan Healthcare Conference January 13, 2020, in San Francisco. Investor Relations. A webcast of Baxter’s first-quarter 2020 conference call for investors can be accessed live from a link on the company’s website at www.baxter.com beginning at 7:30 a.m. CDT on April 30, 2020. Baxter is proceeding diligently to complete its internal investigation related to certain intra-company transactions undertaken for the purpose of generating non-operating foreign exchange gains or avoiding losses, as first disclosed in its Current Report on Form 8-K on October 24, 2019. We partner with surgical teams around the world so they can operate with confidence, precision and speed for a successful outcome to your surgery. Baxter expects to report fourth-quarter GAAP operating margin above its previous guidance range of 15.2% to 15.9% of sales. As the quarter progresses, Baxter may provide additional information regarding its operations as appropriate. Ligand Commences Previously Announced Cash Tender Offer to Acquire Pfenex Inc. Baxter International, Inc. (BAX) CEO Joe Almeida on Q2 2019 Results - Earnings Call Transcript, Baxter International, Inc. (BAX) CEO Joe Almeida on Q1 2019 Results - Earnings Call Transcript, Spectral Announces Second Quarter Results, Baxter International, Inc. (BAX) CEO Joe Almeida on Q4 2018 Results - Earnings Call Transcript, Baxter International (BAX) Q3 2018 Results - Earnings Call Transcript, Baxter International (BAX) Q2 2018 Results - Earnings Call Transcript, Baxter International (BAX) Q1 2018 Results - Earnings Call Transcript, Baxter International's (BAX) CEO José Almeida on Q4 2017 Results - Earnings Call Transcript, Emergent BioSolutions to Release Third Quarter 2020 Financial Results and Conduct Conference Call on November 5, 2020, argenx to Report Third Quarter 2020 Financial Results and Business Update on October 22, 2020, Top Mobile App Development Companies of 2020 in the Limelight – A comprehensive analysis by TopDevelopers.co, Stevie® Award for Women in Business Bestowed on Limina CEO Maria Taylor, Rolling Stock Market Worth $73.8 Billion by 2026 | Business Strategies, Technological Innovation, Trends & Top Players.

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