NYSE:BAXMedical Equipment
How Modest Sales Growth And A Surprise Loss At Baxter (BAX) Has Changed Its Investment Story
In late April 2026, Baxter International reported first-quarter sales of US$2,701 million versus US$2,625 million a year earlier, while swinging from a net income of US$126 million to a net loss of US$15 million, and reiterated its unaudited 2026 U.S. GAAP sales outlook for flat to 1% growth.
At the same time, Baxter moved to refine its governance structure by seeking stockholder approval to resize its board within clearer limits and affirmed a quarterly dividend of US$0.01 per share,...