February 13, 1998
Premier Laser Systems Inc., a manufacturer of medical and dental lasers and other products, reported its first quarterly profit--$452,265--in its seven-year history. Its fiscal third-quarter net income, amounting to 4 cents a share, is a turnaround from a loss of $979,342, or 15 cents a share, for last year's third quarter. Sales for the three months ended Dec. 31 climbed to $7.2 million from $1.5 million.
November 30, 1999 |
Premier Laser Systems Inc., which has posted losses for more than five years, has tapped health-industry veteran Michael J. Quinn as president and chief executive. Quinn, 54, replaces founder Colette Cozean, who will remain chairman and chief technology officer of the Irvine-based developer of medical and dental lasers. Most recently, Quinn said, he helped steer Imagyn Medical Technologies, an Irvine developer of surgical products, out of bankruptcy.
July 24, 1998 |
Premier Laser Systems Inc. said Thursday it received Food and Drug Administration clearance to market its Aurora diode laser systems for a deep-cleaning dental surgical procedure for soft tissue. The company said the laser removes diseased or inflamed soft tissue as part of an overall treatment plan to improve the health of gum tissue.
May 6, 1997
Premier Laser Systems, an Irvine manufacturer of medical and dental lasers, posted a net loss of $5.6 million, or 96 cents a share, for the fiscal year ended March 31, compared with a loss of $5.8 million, or $1.26 a share, for the prior year. Sales climbed to $5.5 million from $1.7 million. For the fourth quarter, the Irvine-based firm lost $2.9 million, or 41 cents a share, compared with a net loss of $2.2 million, or 46 cents a share, for the fourth quarter of the previous year.
May 6, 1998 |
A Premier Laser Systems Inc. shareholder has filed a lawsuit accusing the Irvine company of violating securities laws by issuing misleading information about its laser sales in hopes of inflating its stock. The complaint, filed Friday in U.S. District Court in Santa Ana, contends that Premier improperly booked shipments to a distributor as sales.
September 2, 1999 |
To the puzzlement of analysts and company executives, the stock of Irvine-based Premier Laser Systems Inc. more than doubled Wednesday in heavy trading after the maker of dental devices said its speedy new system for filling and whitening teeth had received regulatory approval. The company said its BluLaze product, which has been approved by the Food and Drug Administration, will sell for about $5,000 and will debut Sept. 16 at a dental conference.