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Biolase reports 1Q loss

IRVINE, Calif. (AP) _ Biolase Inc. (BIOL) on Wednesday reported a loss of $4.1 million in its first quarter.

The Irvine, California-based company said it had a loss of 6 cents per share. Losses, adjusted for stock option expense and non-recurring costs, were 5 cents per share.

The maker of dental laser systems posted revenue of $10.9 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit $1.25. A year ago, they were trading at $1.43.


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


Keywords: Biolase, Earnings Report