Biolase: 2Q Earnings Snapshot
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.