Biolase (BIOL) Reports In-Line Q1 EPS

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Go back to Biolase (BIOL) Reports In-Line Q1 EPS

BIOLASE Reports 2018 First Quarter Results

May 2, 2018 4:05 PM EDT

IRVINE, Calif., May 2, 2018 /PRNewswire/ -- BIOLASE, Inc. (NASDAQ: BIOL), the global leader in dental lasers, today reported its financial results for its first quarter ended March 31, 2018.

Net revenue for the first quarter of 2018 was $10.0 million, an 8% decrease from the first quarter of 2017; however, BIOLASE continued to make progress in several key areas. The Company continued its strategy of increasing its focus on obtaining new customers, which resulted in new customers in direct markets buying more than 60% of the all-tissue laser systems sold during the first quarter of 2018.... More