BIOLASE Technology (BLTI),a dental laser manufacturer and distributor, announced today that, it expects to report net revenue of approximately $10.4 million for the first quarter. This is an increase of approximately 10% from the updated guidance provided last month and an increase of approximately 136% from $4.4 million of net revenue.
Shares are higher by nearly 23% in afternoon trading.
La-Z-Boy (NYSE:LZB) shares are higher today after KeyBanc Capital upgraded the company from hold to a buy based on positive expectations in the market for furniture. In addition, La-Z-Boy should gain market share as privately held Berkline, a competitor, is liquidating.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.