BIOLASE, Inc. BIOL, the world's leading dental laser manufacturer and distributor,
announced today that based on preliminary unaudited financial
results, the Company expects to report that it generated positive
cash flow from operations for Q4 2012.
"We are pleased with our preliminary unaudited financial results for
Q4 2012. It is rewarding to see that our restructuring efforts over
the past two years have enabled us to turn the Company around and
that we are making significant progress toward achieving our
financial goals," said Federico Pignatelli, Chairman and CEO. "The
trends we are seeing in the adoption of dental lasers also give us confidence in achieving continued double-digit growth of our core
dental franchise. Based on our current plans, we expect the Company
will continue to generate positive cash flow from operations for the
overall year ending December 31, 2013."
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in