IRVINE, Calif.--(BUSINESS WIRE)--BIOLASE, Inc. (Nasdaq:BIOL), the global leader in dental lasers, today reported its financial results for the fourth quarter and year ended December 31, 2014.
President and CEO Jeffrey M. Nugent commented, “The latter half of 2014 marked the beginning of the transformation of BIOLASE with a new Board of Directors and management. Among the many problems we faced last June, revenues had been declining and there were substantial legal and administrative expenses caused by litigation that worsened the negative momentum even further.
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