Contact lens maker Bausch + Lomb Corporation has reported better-than-expected third-quarter earnings, despite posting a loss of $84 million. On an adjusted basis, the company earned 22 cents per share, surpassing the average analyst estimate of 18 cents per share. Revenues for the quarter were $1.01 billion, exceeding expectations of $986.9 million. Chairman Brent Saunders attributed the company’s success to the strength of their established and emerging brands in the eye health market. B+L anticipates full-year revenues to be between $4.04 billion and $4.09 billion. The company’s shares were up 3.2% at $16.66 in early trading.

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