Biolase: Q2 Earnings Snapshot
LAKE FOREST, Calif. (AP) _ Biolase Inc. (BIOL) on Thursday reported a loss of $5.6 million in its second quarter.
The Lake Forest, California-based company said it had a loss of 91 cents per share.
The maker of dental laser systems posted revenue of $12.2 million in the period.
For the current quarter ending in October, Biolase said it expects revenue in the range of $10.5 million.
Biolase shares have decreased 43% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $5.53, a decrease of 65% in the last 12 months.