Baxter International Inc. (BAX) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to Baxter International's second quarter 2025 earnings call. Your lines will remain in a listen-only mode until the question and answer segment of today's call. At that time, if you have a question, you will need to press star 1 on your touchtone phone. Once again, star and the number 1. If anyone should require assistance during the conference, please press star then 0 on your touchtone phone. And as a reminder, this call is being recorded by Baxter and is copyrighted material. It cannot be recorded or rebroadcast without Baxter's permission. If you have any objections, please disconnect at this time. I would now like to turn the call over to Ms. Claire Trackman, Senior Vice President, Chief Investor Relations Officer at Baxter International. Ms. Trackman, you may begin. Good morning and welcome to our second quarter 2025 earnings conference call. Joining me today are Brent Kaeper, Baxter's Chair and Interim Chief Executive Officer, Joel Grady, Baxter's Executive Vice President and Chief Financial Officer, and Heather Knight, Baxter's Executive Vice President and Chief Operating Officer. On the call this morning, we will be discussing Baxter's second quarter 2025 results along with our financial outlook for the third quarter and full year 2025. With that, let me start our prepared remarks by reminding everyone that this presentation, including comments regarding our financial outlook for the third quarter and full year 2025, the anticipated impact of our strategic actions, the potential impact of various regulatory and operational matters, including matters related to the Novum IQ large volume pump and continuing fluid conservation, and the global macroeconomic environment on our results of operations contain forward-l...