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Stock impact report

nLIGHT, Inc. Announces Fourth Quarter and Full Year 2023 Results

nLIGHT, Inc. (LASR) 
Last nlight, inc. earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Revenues of $209.9 million for the full year 2023Revenues of $51.9 million for the fourth quarter of 2023 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 fourth quarter and full year 2023.“Driven by strong execution in aerospace & defense, fourth quarter revenue of $51.9 million was above the top end of our guidance range and we ended the year with a 34% year-over-year increase in backlog,” commented Scott Keeney, nLIGHT’s President and Chief Executive Officer.Mr. Keeney continued, “2023 was a transformative year for nLIGHT. We were awarded multiple large directed energy contracts, secured new commercial design wins, substantially completed the transition of our manufacturing base, and prudently managed operating expenses and working capital.”“Our full year 2023 financial results reflect the Show less Read more
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