By Simon Ferdinand Eibach
Gdansk, May 6 (Reuters) - Swiss-American eye care company Alcon ALCC.S reported a 10% rise in its quarterly revenue, citing recent product launches as main drivers.
Alcon's net sales rose to $2.69 billion in the first quarter of 2026, from $2.451 reported a year earlier
Sales missed $2.71 billion estimates by analysts polled by LSEG
Alcon's operating earnings amounted to $292 million in the first quarter, falling 32% from a year earlier
The company hiked its full-year guidance for diluted earnings per shares growth to 10%-13% from 9%-12% as it announced a $1.5 billion share repurchase program with a plan to cancel the acquired shares
Alcon launched 10 new products in the first quarter of 2026, including Clareon TruPlus IOL, the next generation of monofocal and toric lenses for cataract surgery
(Reporting by Simon Ferdinand Eibach; Editing by Mrigank Dhaniwala)
((simonferdinand.eibach@thomsonreuters.com))