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Baxter expects Q4 revenue hit from Hurricane Maria

Baxter International Inc. expects a reduction in its fourth-quarter revenue due to the impact of Hurricane Maria on its Puerto Rico operations.

The company said it expects to mitigate the impact through positive performance in other areas of the business.

Baxter's three Puerto Rico manufacturing sites sustained minimal structural damage from the hurricane, and limited production activities resumed across its facilities within one week after the storm.

The company has been working with the U.S. Food and Drug Administration and was granted regulatory discretion for temporary special importation of certain products from its facilities in Ireland and Australia to help support product supply for the U.S. market.