Earnings

BIOLASE Announces Growth in Unaudited 2023 Revenues and 2024 Outlook

Published January 30, 2024

BIOLASE, Inc. BIOL, a leading developer and marketer of laser systems in dentistry, reported a successful increase in its unaudited revenues for the full year of 2023. Foothill Ranch, California serves as the base for BIOLASE, which has made a substantial impact on the dental industry both in the United States and across the globe with its advanced laser technology. This growth signifies a strong market presence and an increasing adoption of laser technology in dental practices.

Reflection on 2023's Financial Improvement

The company's financial report for the year indicated that considerable progress had been made, crediting innovative product lines and strategic market initiatives for the revenue growth. Although the figures are unaudited, the reported increase in revenue serves as a positive indicator of BIOLASE's performance and market position heading into the new year.

Prospects for 2024

Looking ahead, BIOLASE provided an outlook for the full year 2024. The company remains optimistic about its potential for further growth and market penetration. With a solid product portfolio and a strong global presence, BIOLASE aims to continue its trajectory of innovation and expansion, expecting to drive revenue growth and enhance shareholder value in the year to come.

BIOLASE, revenue, outlook