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BioLase Revenue Grows, Losses Shrink in Third Quarter

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BioLase Inc. reported a net loss of $3.5 million in the third quarter, an improvement over the previous quarter and the third quarter of 2013. Net revenue for this year’s third quarter was $12.7 million, compared to $10.2 million in the second quarter and $12.3 million in the third quarter of 2013. The company said it saw a significant increase in sales of its core WaterLase systems, as well as increased sales of distributed imaging equipment. CEO Jeffrey M. Nugent said the company is following a new business strategy focused on customer satisfaction, product quality,...Read full article

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    Published: November 2014
    Glossary
    laser surgery
    Laser surgery refers to a medical procedure in which a laser, or focused beam of light, is used as a precision tool to cut, vaporize, coagulate, or otherwise modify tissues for therapeutic or surgical purposes. Lasers offer several advantages in surgery, including precision, minimal invasiveness, and the ability to target specific tissues without causing extensive damage to surrounding areas. The process of laser surgery involves the following key components: Generation of laser...
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