nLIGHT, Inc. Announces First Quarter 2024 Results
nLIGHT, Inc. (LASR)
Last nlight, inc. earnings: 2/19 04:05 pm
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Source: Business Wire
Revenues of $44.5 million for the first quarter of 2024 CAMAS, Wash.--(BUSINESS WIRE)--nLIGHT, Inc. (Nasdaq: LASR), a leading provider of high-power semiconductor and fiber lasers used in the industrial, microfabrication, and aerospace and defense markets, today reported financial results for the first quarter of 2024.“With total revenue of $44.5 million, Q1 results were within the range of our guidance, and we continue to believe that Q1 is our trough revenue quarter,” commented Scott Keeney, nLIGHT’s President and Chief Executive Officer. “We expect sequential revenue growth in the second quarter, and for the second half of the year to be stronger than the first half of 2024, with increasing visibility for continued growth next year primarily driven by our aerospace and defense business."Mr. Keeney continued, “Although revenue from our commercial end markets declined in the first quarter, continued development of innovative products for fast-growing opportunities such as additive
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News
- nLIGHT (NASDAQ:LASR) shareholders have endured a 55% loss from investing in the stock three years ago [Yahoo! Finance]Yahoo! Finance
- nLIGHT, Inc. (NASDAQ: LASR) had its "speculative buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $17.00 price target on the stock.MarketBeat
- nLIGHT, Inc. (NASDAQ: LASR) had its price target lowered by analysts at Needham & Company LLC from $16.00 to $15.00. They now have a "buy" rating on the stock.MarketBeat
- nLIGHT to Announce First Quarter 2024 Financial Results on May 2nd [Yahoo! Finance]Yahoo! Finance
- nLIGHT to Announce First Quarter 2024 Financial Results on May 2ndBusiness Wire
LASR
Earnings
- 5/2/24 - Beat
LASR
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- LASR's page on the SEC website