BIOLASE Tech (BLTI) Sees Q4, FY11 Revs Coming In Below Views
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BIOLASE Technology, Inc. (NASDAQ: BLTI), announced that, based on a preliminary review of its financial performance for the fourth quarter ended December 31, 2011, the Company expects to report net revenue of approximately $13.1 million. This would represent net revenue growth of 35 percent year over year from $9.7 million in the fourth quarter of 2010. Net revenue for the fiscal year ended December 31, 2011, is expected to total approximately $48.8 million, up 86 percent year over year from $26.2 million in 2010.
The Street sees Q4 revs of $15.7 million and FY12 revs of $51.40 million.
Excluding equipment sales to Henry Schein, Inc. (NASDAQ: HSIC), net revenue for the fourth quarter ended December 31, 2011, is expected to total approximately $13.1 million compared to approximately $7.2 million for the fourth quarter ended December 31, 2010, an increase of approximately $5.9 million, or 82 percent.
The Street sees Q4 revs of $15.7 million and FY12 revs of $51.40 million.
Excluding equipment sales to Henry Schein, Inc. (NASDAQ: HSIC), net revenue for the fourth quarter ended December 31, 2011, is expected to total approximately $13.1 million compared to approximately $7.2 million for the fourth quarter ended December 31, 2010, an increase of approximately $5.9 million, or 82 percent.
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