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.
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