Brief: Biolase Delivers 26% Revenue Growth Year Over Year In Third Quarter And Raises 2022 Full Year Revenue Guidance

November 26

10/11/2022 22:07

Nov 10 (Reuters) - Biolase Inc  BIOL.O :
    * BIOLASE DELIVERS 26% REVENUE GROWTH YEAR OVER YEAR IN
THIRD
QUARTER AND RAISES 2022 FULL YEAR REVENUE GUIDANCE
    * Q3 REVENUE ROSE 26 PERCENT TO $12.0 MILLION
    * QTRLY  LOSS PER SHARE $1.10
    * EXPECTS Q4 NET REVENUE TO EXCEED $13.0 MILLION
    * CO INCREASING ITS 2022 FULL YEAR REVENUE GUIDANCE, FY
REVENUE TO
INCREASE AT LEAST 20% FROM 2021 LEVELS
    * Q3 REVENUE VIEW $10.7 MILLION -- REFINITIV IBES DATA
    * Q4 REVENUE VIEW $12.6 MILLION -- REFINITIV IBES DATA
    * FY2022 REVENUE VIEW $45.6 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn8HgFJja 
Further company coverage:  BIOL.O 
 ((Reuters.Briefs@thomsonreuters.com;;))