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Last $1.47 USD
Change Today -0.04 / -2.65%
Volume 55.2K
BIOL On Other Exchanges
As of 8:10 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

biolase inc (BIOL) Snapshot

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12/5/14 - $3.00
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biolase inc (BIOL) Details

BIOLASE, Inc., a medical device company, develops, manufactures, and markets laser systems in dentistry and medicine in the Unites States and internationally. It offers Waterlase dental laser systems for cutting soft and hard tissue; and diode laser systems, which are used in soft tissue, pain therapy, and cosmetic procedures, such as teeth whitening. The company’s dental laser systems allow dentists, periodontists, endodontists, oral surgeons, and other dental specialists to perform a range of dental procedures, including cosmetic, restorative, and complex surgical applications. It also markets and distributes dental imaging equipment, including cone beam digital X-rays and CAD/CAM intra-oral scanners, and in-office, chair-side milling machines and three-dimensional (3-D) printers, as well as provides precision intuitive diagnosis and treatment planning solutions. The company’s dental imaging products comprise 3Shape Trios CAD/CAM digital impression systems, which are spray-free scanning devices; Galaxy BioMill CAD/CAM system that enables dental practitioners to complete scanning, designing, milling, and finishing of crowns, inlays, and veneers in the dental office; and 3-D printers that allow dentists to fabricate stone models, orthodontic appliances, delivery and positioning trays, models for clear aligners, retainers, and surgical guides on their desktop. In addition, it manufactures and sells consumable products and accessories for its laser systems, as well as markets flexible fibers and hand pieces. The company sells its products primarily to dentists in general practice through its direct sales force and distributor network. BIOLASE, Inc. has a strategic agreement with Valam, Inc. to develop, market, and sell office-based laser systems to otolaryngologists. The company was formerly known as BIOLASE Technology, Inc. and changed its name to BIOLASE, Inc. in 2012. BIOLASE, Inc. was founded in 1984 and is headquartered in Irvine, California.

210 Employees
Last Reported Date: 03/6/15
Founded in 1984

biolase inc (BIOL) Top Compensated Officers

Vice President of Research and Development
Total Annual Compensation: $250.0K
Director of Professional Relations
Total Annual Compensation: $90.0K
Compensation as of Fiscal Year 2014.

biolase inc (BIOL) Key Developments

BIOLASE, Inc. Presents at 5th LD Micro Invitational Conference, Jun-01-2015 12:00 PM

BIOLASE, Inc. Presents at 5th LD Micro Invitational Conference, Jun-01-2015 12:00 PM. Venue: Luxe Sunset Boulevard Hotel, 11461 Sunset Blvd, Los Angeles, CA 90049, United States.

BIOLASE, Inc. Announces Executive Changes, Effective July 13, 2015

BIOLASE, Inc. announced that Harold C. Flynn Jr. will become president and chief executive officer, effective July 13, 2015. The current president and CEO Jeffrey M. Nugent will step down at that time. Since 2007, he has been president of Zimmer Dental. Prior to Zimmer, from 2004-2007, Flynn was divisional vice president and general manager at Abbott Hematology where he provided strategic leadership, strengthened the product pipeline, and rebuilt the leadership team.

BIOLASE, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

BIOLASE, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net revenue of $10.751 million as compared to $11.479 million for first quarter of 2014. The quarter-over-quarter decrease in revenue was principally due to a decline in worldwide imaging revenue and approximately $600,000 resulting from the negative impact of foreign currency exchange rate fluctuations, partially offset by increases in revenue from consumables, license fees and royalties. Net loss was $5.436 million or $0.09 per diluted share as compared to $4.887 or $0.13 per diluted share million in 2014. The year-over-year increase in net loss was primarily due to lower gross profit of $731,000 in the 2015 first quarter partially offset by lower total operating expenses of $107,000, for the reasons explained above. Adjusted Non-GAAP net Loss for this year’s first quarter totaled $4.5 million, or a loss of $0.08 per basic and diluted share, compared with a non-GAAP net loss of $4.1 million, or $0.11 per basic and diluted share, during the prior year first quarter. The company reported loss from operations of $5.259 million compared to $4.635 million and loss before income tax provision of $5.389 million compared to $4.863 million for the last year.


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