Biolase: Q1 Earnings Snapshot
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Biolase: Q1 Earnings Snapshot

Apr 12, 2023

LAKE FOREST, Calif. (AP) — LAKE FOREST, Calif. (AP) — Biolase Inc. (BIOL) on Thursday reported a loss of $5.8 million in its first quarter.

The Lake Forest, California-based company said it had a loss of 18 cents per share.

The maker of dental laser systems posted revenue of $10.5 million in the period.

In the final minutes of trading on Thursday, the company's shares hit 24 cents. A year ago, they were trading at $3.83.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BIOL at https://www.zacks.com/ap/BIOL