Biolase, Inc. (BIOL) Set to Announce Quarterly Earnings on Monday
Biolase, Inc. (NASDAQ:BIOL) is scheduled to issue its quarterly earnings data after the market closes on Monday, November 6th. Analysts expect the company to announce earnings of ($0.04) per share for the quarter.
Biolase (NASDAQ:BIOL) last released its quarterly earnings results on Monday, August 7th. The medical technology company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.04). Biolase had a negative return on equity of 64.44% and a negative net margin of 31.64%. The firm had revenue of $12.61 million for the quarter. On average, analysts expect Biolase to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Biolase, Inc. (NASDAQ:BIOL) opened at 0.674 on Monday. The firm’s 50-day moving average price is $0.62 and its 200-day moving average price is $0.88. The firm’s market cap is $51.21 million. Biolase, Inc. has a 52-week low of $0.48 and a 52-week high of $1.90.
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Separately, ValuEngine downgraded Biolase from a “hold” rating to a “sell” rating in a report on Monday, July 24th.
Biolase Company Profile
BIOLASE, Inc (BIOLASE) is a medical device company that develops, manufactures, markets and sells laser systems in dentistry and medicine. The Company markets, sells, and distributes dental imaging equipment, including cone beam digital x-rays and computer-aided design (CAD)/computer-aided manufacturing (CAM) intra-oral scanners, in-office, chair-side milling machines and three-dimensional (3-D) printers.
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