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Recap: Biolase Q4 Earnings

Author: Benzinga Insights | March 21, 2024 04:20pm

Biolase (NASDAQ:BIOL) reported its Q4 earnings results on Thursday, March 21, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Biolase beat estimated earnings by 31.0%, reporting an EPS of $-1.76 versus an estimate of $-2.55.

Revenue was down $561 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $2.04 which was followed by a 20.0% drop in the share price the next day.

Here's a look at Biolase's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -1.85 -5.33 -20 -64
EPS Actual -3.89 -4.24 -18 -128
Revenue Estimate 13.96M 15.36M 10.18M 14.07M
Revenue Actual 10.92M 14.29M 10.47M 14.05M

To track all earnings releases for Biolase visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BIOL

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