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Biolase: Q1 Earnings Snapshot

By Ap News - May 13, 2024, 04:21 PM ET
Last Updated - May 27, 2024, 12:58 AM EDT
Biolase: Q1 Earnings Snapshot

LAKE FOREST, Calif. (AP) — LAKE FOREST, Calif. (AP) — Biolase Inc. (BIOL) on Monday reported a loss of $6.5 million in its first quarter.

The Lake Forest, California-based company said it had a loss of 36 cents per share.

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The maker of dental laser systems posted revenue of $10.1 million in the period.

In the final minutes of trading on Monday, the company's shares hit 18 cents. A year ago, they were trading at $23.99.

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