trending Market Intelligence /marketintelligence/en/news-insights/trending/uvUMgZH5s4MuO-M68_w4bg2 content esgSubNav
In This List

Baxter expects Q4 revenue hit from Hurricane Maria

Video

S&P Capital IQ Pro | Powering Your Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Blog

Enterprises are missing out on 24B by not optimizing cloud spending not going multicloud

Blog

Investment Research Analysts Providing Greater Coverage on Inflation


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.