NASDAQ$BIOLQ

Biolase Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

BIOLQ Q2 2024 — $11.6M revenue, 30.00 EPS

The Company’s laser systems are designed to provide clinically superior results for many types of dental procedures compared to those achieved with drills, scalpels, and other con. Biolase Inc reported Q2 2024 results. Diluted EPS came in at $30.00. Net income of $20.6M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $11.6M.
  • Diluted EPS: $30.00.
  • Net income: $20.6M.
  • Operating income: $3K.
  • Gross profit: $5K.

Headline financials

Total Revenue

$11.6M

Previous: $14.3M-19.1%
EPS

-$0.08

Previous: -$26.14+99.7%
Capital Expenditures

-$27K

Previous: $357K-107.6%
Net Income

-$2.8M

Previous: -$4.9M+42.9%
Operating Income

-$3.22M

Previous: -$3.9M+17.4%
Gross Profit

$4.61M

Previous: $6.12M-24.7%
R&D Expense

$1.07M

No prior period

Revenue & EPS history

Biolase · Revenue · Quarterly

$11.6M

Q2 2024-19.1%vs Q2 2023
Beat estimate in 7 of 13 quarters(54%)
ActualEstimate

Revenue by segment

Biolase · $6.7M total across 2 segments · Q3 2023

  • US Laser Revenue
    $3.8M-17.4%
  • International Laser Revenue
    $2.9M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

-3.0%

Avg return

Earnings day

-6.6%

Avg return

5 days after

-13.5%

Avg return

30 days after

41%

24 / 58 earnings

Positive

+25.4%

Q2 2021

Best reaction

-45.7%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2024-18.9%-9.9%+26.1%
Q2 2024+7.8%-10.0%-30.0%
Q1 2024+1.8%-10.8%-21.9%
Q4 2024+20.3%+7.5%-6.8%
Q3 2023-22.0%-17.3%-23.4%
Q2 2023-19.5%-6.2%-50.2%
Q1 2023-6.7%-15.4%-17.4%
Q4 2022-10.8%-24.8%-43.8%
Q3 2022+16.3%+27.7%-49.2%
Q2 2022-1.1%-5.3%-33.6%
Q1 2022+0.0%-2.0%-47.1%
Q4 2021+2.9%+4.1%-9.3%
Q3 2021-8.2%-17.9%-34.5%
Q2 2021+25.4%+5.7%+10.0%
Q1 2021-1.2%-1.5%-10.8%
Q3 2020-3.3%-10.4%-0.8%
Q2 2020-2.4%-4.7%-28.9%
Q1 2020-45.7%-49.0%-6.0%
Q4 2019-22.4%-52.1%-7.3%
Q3 2019-5.8%+6.3%+2.9%
Q2 2019-7.7%-12.3%-36.1%
Q1 2019+2.5%-8.4%-13.9%
Q4 2018-16.5%-18.0%-21.6%
Q3 2018-9.3%-9.3%-27.9%
Q2 2018+9.5%+29.9%+60.6%
Q1 2018-2.4%+1.1%-13.1%
Q4 2017-4.1%-7.8%-36.7%
Q3 2017+0.0%+0.0%-25.0%
Q2 2017-29.8%-32.3%-28.8%
Q1 2017-3.8%-3.0%-3.8%
Q4 2016-2.5%-4.2%+5.8%
Q3 2016+20.8%+20.1%+18.8%
Q2 2016+1.8%+12.4%+56.6%
Q1 2016-12.3%
Q4 2015-0.8%
Q3 2015+8.5%
Q2 2015+6.3%
Q1 2015+1.0%
Q4 2014-2.5%
Q3 2014-3.3%
Q2 2014+1.4%
Q1 2014-0.8%
Q4 2013+0.7%
Q3 2013-11.8%
Q2 2013-22.7%
Q1 2013+3.5%
Q4 2012+1.0%
Q3 2012+10.6%
Q2 2012-1.2%
Q1 2011+0.8%
Q1 2012+1.8%
Q4 2011+0.5%
Q4 2009+0.5%
Q3 2011+4.9%
Q3 2010+4.9%
Q2 2010-10.2%
Q4 2010-10.2%
Q2 2011-10.2%

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