Welcome to our dedicated page for Baxter Intl news (Ticker: BAX), a resource for investors and traders seeking the latest updates and insights on Baxter Intl stock.
Baxter International Inc (NYSE: BAX) is a global healthcare leader specializing in life-saving renal care, advanced medical devices, and hospital solutions. This page provides investors and healthcare professionals with timely updates on the company’s operational developments, regulatory milestones, and strategic initiatives.
Access authoritative information about Baxter’s latest financial results, product innovations, and partnerships. Our curated news collection simplifies tracking of critical updates across key areas including dialysis technologies, infusion systems, and biosurgery products.
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• New product approvals and clinical trials
• Strategic acquisitions in medical technology
• Regulatory compliance updates
• Leadership changes and corporate governance
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Baxter International Inc. (NYSE:BAX) reported first-quarter 2023 revenue of $3.65 billion, a 2% decrease year-over-year on a reported basis but a 2% increase on a constant currency basis. U.S. GAAP earnings per share (EPS) were $0.09, while adjusted EPS was $0.59. For 2023, Baxter anticipates sales growth of 1% to 2% and U.S. GAAP EPS between $1.16 and $1.31, with adjusted EPS between $2.85 and $3.00. Key drivers for sales included Advanced Surgery and Pharmaceuticals, though declines were noted in Acute Therapies and Patient Support Systems. The company is also advancing a strategic spinoff of its Kidney Care segment, expected to occur by July 2024. Innovation efforts include launching the Novum IQ and ExactaMix Pro systems, aimed at enhancing patient care and operational efficiency.
Baxter International Inc. (NYSE:BAX) will present at the BofA Securities 2023 Health Care Conference on May 9, 2023. Chief Financial Officer Jay Saccaro is scheduled to speak at 1:00 p.m. Eastern Time. A live webcast of the presentation can be accessed on www.baxter.com and will remain available for replay until November 5, 2023.
Baxter provides critical care, kidney care, and surgical products that are vital for patients and caregivers in over 100 countries. With a history spanning more than 90 years, the company continues to innovate in healthcare solutions, enhancing patient care and supporting providers.
Baxter International Inc. (NYSE:BAX) has announced a conference call scheduled for April 27, 2023, at 7:30 a.m. Central Time to discuss its first-quarter 2023 financial results. Participants can pre-register for the call via the provided link or access it through Baxter's website. The call will be recorded and copyrighted by Baxter, with restrictions on rebroadcasting without permission. Baxter is recognized for its extensive portfolio in diagnostic, critical care, kidney care, nutrition, and surgical products, emphasizing its commitment to innovation and patient care over the past 90 years.