Baxter EPS misses by $0.07, misses on revenue

Baxter (NYSE:BAX): Q2 Non-GAAP EPS of $0.64 misses by $0.07; GAAP EPS of $0.48 misses by $0.19.

Revenue of $2.72B (-3.9% Y/Y) misses by $140M.

Adjusted gross margin of 41.6% vs. consensus of 43.4%.

Adjusted operating margin of 16.0% vs. 16.9% estimate.

Press Release

https://seekingalpha.com/news/3597508-baxter-eps-misses-0_07-misses-on-revenue