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Dec 31, 2021
Biolase Q4 2021 Earnings Report
Biolase experienced revenue growth and maintained a robust balance sheet.
Key Takeaways
BIOLASE reported a strong fourth quarter with a 46% increase in total revenue year-over-year, reaching $12.4 million. The company's gross margin improved to 40%, and it maintained a solid cash position of $30.0 million. They also anticipate first quarter net revenue to exceed $9.0 million.
Total revenue increased by 46% year-over-year, reaching $12.4 million.
U.S. laser sales increased by 39% year-over-year.
International laser sales increased by 87% year-over-year.
Gross margin improved to 40% for the quarter.
Biolase
Biolase
Biolase Revenue by Segment
Revenue by Segment
US Laser Revenue
CapyFin.comInternational Laser Revenue
CapyFin.com Forward Guidance
BIOLASE anticipates first quarter net revenue to exceed $9.0 million, which would represent growth of at least 11% year over year. The Company expects full year net revenue to increase at least 10% from 2021 levels.
Revenue & Expenses
Visualization of income flow from segment revenue to net income