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.

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.

_____

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

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up