Alcon Swung to 3Q Net Profit on Higher Sales

 Swiss eye-care company Alcon Inc. on Wednesday posted a swing to profit for the third quarter on higher sales.

The company said net profit was $2 million, up from a net loss of $147 million a year earlier, on sales that grew to $2.08 billion from $1.82 billion.

Operating income was $20 million, compared with an operating loss of $129 million a year earlier, Alcon said.

The company said that its Surgical and Vision Care franchises benefited from improvements in the eye-care market, among other factors, and that was led by continued strength in the U.S. Internationally, recovery from the pandemic took place at varied paces, according to Alcon.

https://www.marketscreener.com/quote/stock/ALCON-INC-56976364/news/Alcon-Swung-to-3Q-Net-Profit-on-Higher-Sales-36965235/