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Earnings Call Summary | Biolase(BIOL.US) Q1 2024 Earnings Conference

Earnings Call Summary | Biolase(BIOL.US) Q1 2024 Earnings Conference

财报电话会议摘要 | Biolase (BIOL.US) 2024 年第一季度财报会议
富途资讯 ·  05/14 17:15  · 电话会议

The following is a summary of the BIOLASE, Inc. (BIOL) Q1 2024 Earnings Call Transcript:

以下是BIOLASE, Inc.(BIOL)2024年第一季度财报电话会议记录摘要:

Financial Performance:

财务业绩:

  • BIOLASE reported a significant growth in consumable sales, marking a 14% increase compared to the same quarter last year, making it one of the strongest quarters in the company's history.

  • The company achieved a reduction in its adjusted EBITDA loss by 21%, demonstrating improved financial discipline and operational efficiency.

  • The CEO, John Beaver, expressed optimism towards achieving profitability by the end of the year.

  • BIOLASE ended the first quarter with a cash balance of $6.4 million and expects to report positive adjusted EBITDA for the full year of 2024.

  • BIOLASE报告称,消耗品销售大幅增长,与去年同期相比增长了14%,成为该公司历史上最强劲的季度之一。

  • 该公司调整后的息税折旧摊销前利润亏损减少了21%,这表明财务纪律和运营效率得到改善。

  • 首席执行官约翰·比弗对年底之前实现盈利表示乐观。

  • BIOLASE在第一季度末的现金余额为640万美元,预计2024年全年调整后的息税折旧摊销前利润将为正数。

Business Progress:

业务进展:

  • A significant portion of BIOLASE's U.S. Waterlase sales (67%) for the quarter was to new customers, with dental specialists accounting for about 42% of these sales.

  • The company organized and participated in over a hundred promotional events, ranging from webinars to trade shows, aimed at promoting the benefits of laser dentistry.

  • BIOLASE continued to roll out their unique Waterlase and EPIC academy training programs.

  • The company's ongoing commercial focus remains on reaching to the estimated 90% of dentists who are yet to adopt all-tissue laser technology.

  • In the future, the company plans to allocate investments towards revenue-generating activities.

  • For 2024, BIOLASE has projected a year-over-year revenue growth ranging from 6% to 8%, translating to an estimated full year revenue of between $52 million to $53 million.

  • BIOLASE本季度美国Waterlase销售额的很大一部分(67%)来自新客户,牙科专家约占这些销售额的42%。

  • 该公司组织并参与了一百多场促销活动,从网络研讨会到贸易展览会,旨在宣传激光牙科的好处。

  • BIOLASE继续推出其独特的Waterlase和EPIC学院培训计划。

  • 该公司持续的商业重点仍然是向尚未采用全组织激光技术的估计90%的牙医提供服务。

  • 将来,该公司计划将投资分配给创收活动。

  • BIOLASE预计2024年的收入同比增长6%至8%不等,这意味着全年收入估计在5200万美元至5300万美元之间。

More details: Biolase IR

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