BIOLASE Reports 70% Revenue Growth In First Quarter 2021; Continued High Demand From New Users For Dental Lasers
Guides for Significant Revenue Growth Year Over Year in Second Quarter 2021
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FOOTHILL RANCH, Calif., May 13, 2021 /PRNewswire/ -- BIOLASE, Inc. (NASDAQ: BIOL), the global leader in dental lasers, today announced its financial results for its first quarter ended March 31, 2021.
2021 First Quarter Operating Highlights (all comparisons are on a year over year basis)
:
79% of sales from new users, continuing a positive trend
36% of sales from dental specialists
Laser system sales increased 139%
Consumables and other revenue increased 52%
U.S. revenue increased 67%