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Stock impact report

nLIGHT, Inc. Announces Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]

nLIGHT, Inc. (LASR) 
Last nlight, inc. earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
CAMAS, Wash., February 22, 2024 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 operational improvements we implemented during the year. Products gross margins Show less Read more
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