Biolase reports 46% revenue growth in third quarter

Biolase reported a 46 percent growth in revenue to earn $9.5 million in its third quarter, the Foothill Ranch, Calif.-based dental laser company said Nov. 10.

The company also said 35 percent of sales in the U.S. for its Waterlase product were by dental specialists, while its overall laser system sales increased by 64 percent. Its U.S. and international sales increased 25 percent and 101 percent, respectively, as dental practice operations picked up during the third quarter compared to last year's third quarter.

Biolase said it is expecting to make $10.2 million in revenue during the fourth quarter.

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