On Nov. 7, dental laser maker Biolase
- Net revenues rose 46% to $17.1 million as international sales rose 84% to $5.9 million.
- Biolase added medical-device distributor Henry Schein
(NASDAQ:HSIC) as its exclusive North American marketer, a move that helped mark strong organic growth -- particularly the 20% increase in its flagship Waterlase MD system. - Gross profits rose 500 basis points to 50.5%, up from 45.5% of net revenues recorded last year.
(Figures in thousands, except per-share data)
Income Statement Highlights
Avg. Est. |
Q3 2006 |
Q3 2005 |
Change |
|
---|---|---|---|---|
Sales |
$14,900 |
$17,066 |
$11,655 |
46.4% |
Net Profit |
-- |
($1,007) |
($5,231) |
N/A |
EPS |
$0.08 |
($0.04) |
($0.23) |
N/A |
Diluted Shares |
23,580 |
23,150 |
1.9% |
Get back to basics with a look at the income statement.
Margin Checkup
Q3 2006 |
Q3 2005 |
Change* |
|
---|---|---|---|
Gross Margin |
50.48% |
45.51% |
4.97 |
Operating Margin |
(6.64%) |
(44.50%) |
37.86 |
Net Margin |
(5.90%) |
(44.88%) |
38.98 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets | Q3 2006 | Q3 2005 | Change |
---|---|---|---|
Cash + ST Invest. | $15,695 | $7,880 | 99.2% |
Accounts Rec. | $10,149 | $6,280 | 61.6% |
Inventory | $6,067 | $10,530 | (42.4%) |
Liabilities | Q3 2006 | Q3 2005 | Change |
---|---|---|---|
Accounts Payable | $6,291 | $6,900 | (8.8%) |
Long-Term Debt | $0 | $0 | N/A |
Learn the ways of the balance sheet.
Cash Flow Highlights
This information was not available in the press release.
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Related Companies:
- BriteSmile
(NASDAQ:BSML) - Palomar Medical Technologies
(NASDAQ:PMTI) - Candela
(NASDAQ:CLZR)
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At the time of publication, Fool contributor Rich Duprey owned shares of Candela. Fool rules are here.