AP NEWS

Biolase: 2Q Earnings Snapshot

August 8, 2018

IRVINE, Calif. (AP) _ Biolase Inc. (BIOL) on Wednesday reported a loss of $4.9 million in its second quarter.

On a per-share basis, the Irvine, California-based company said it had a loss of 24 cents. Losses, adjusted for stock option expense and non-recurring costs, were 20 cents per share.

The maker of dental laser systems posted revenue of $12.2 million in the period.

The company’s shares closed at $1.20. A year ago, they were trading at $4.10.

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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

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