Biolase Reports Boost in 4th Quarter Sales

Biolase Technology Inc. said fourth quarter sales rose 68% to $3.7 million from $1.8 million a year earlier, as some of its lasers and other products gained increased acceptance.

The San Clemente company posted an operating loss of $1.1 million, or 7 cents a share, for the fourth quarter a year ago.

Biolase, which makes medical and dental lasers, also said it expects “strong growth” this year.

Biolase’s stock edged up 41 cents to $1.94 a share Wednesday in Nasdaq trading. The company said it expects to report its financial results in February.