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nLIGHT Inc - LASR STOCK NEWS

Welcome to our dedicated news page for nLIGHT (Ticker: LASR), a resource for investors and traders seeking the latest updates and insights on nLIGHT.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect nLIGHT's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of nLIGHT's position in the market.

Rhea-AI Summary
nLIGHT, Inc. (Nasdaq: LASR) will announce its first quarter 2024 financial results on May 2nd, followed by a conference call and webcast to discuss the results. Investors can access the audio webcast on the company's investor relations website. The conference call details are available for both U.S. and international participants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.92%
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Rhea-AI Summary
nLIGHT, Inc. (LASR) reports revenues of $209.9 million for full year 2023 and $51.9 million for Q4 2023, showing a 13.3% decrease in annual revenue. The company highlights operational improvements, increased cash reserves, and strategic initiatives for long-term growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.95%
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Rhea-AI Summary
nLIGHT, Inc. (LASR) will release its Q4 2023 financial results on February 22, 2024. A conference call and webcast will follow to discuss the results. The webcast will be available on the company's investor relations website. Dial-in information for the conference call is also provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.99%
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Rhea-AI Summary
nLIGHT, Inc. (LASR) has secured a $34.5 million contract to deliver a High Energy Laser for the U.S. Army's DE M-SHORAD Iteration 2 laser weapon system. The company will serve as a subcontractor to KORD Technologies, LLC, the prime contractor for this effort. The focus of the project is to integrate a 50kW-class laser weapon system onto a Stryker combat vehicle to provide defensive capabilities against various threats. nLIGHT's President and CEO, Scott Keeney, highlighted the company's expertise in developing innovative, reliable, and affordable high-power fiber lasers for both commercial and defense customers. Jeff Barchers, President of nLIGHT DEFENSE Systems, emphasized the company's vertically integrated approach to laser design and manufacturing, enabling the production of ruggedized lasers with line-replaceable units that can be serviced by soldiers in the field.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.7%
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none
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Rhea-AI Summary
Universal Hydrogen Co.: Appoints Anastasiya “Stasy” Pasterick as CFO, bringing scaling and public company experience. Pasterick to lead finance activities, financial planning, capital raising, and compliance. She joins after successful leadership at Nikola Corp. and other OEMs. The company recently achieved key product milestones, including the first flight of the world’s largest hydrogen fuel cell-powered airliner and the launch of a hydrogen-powered charger for airport ground support equipment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
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management
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Rhea-AI Summary
nLIGHT, a leading provider of high-power semiconductor and fiber lasers, has been awarded additional options to produce a High Energy Laser (HEL) prototype as part of the DoD's High Energy Laser Scaling Initiative. The total value of the award is now $171 million, more than double the previously-announced contract. nLIGHT will utilize its coherent beam combined architecture to scale laser source power to the megawatt-class with improved beam quality, size, and weight. The laser will be delivered in a rugged form factor with optional space allocations for upgrades.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.54%
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none
Rhea-AI Summary
nLIGHT, Inc. reported revenues of $50.6 million for Q3 2023, down 15.7% compared to the same period last year. The company secured new design wins in additive manufacturing and announced additional options on its previously announced HELSI 2 contract, bringing the total value to $171 million. Despite the current demand environment affecting near-term revenue growth expectations, nLIGHT increased its cash and marketable securities balance by $10 million during the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.54%
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Rhea-AI Summary
nLIGHT, Inc. will co-host daily expert panels at the Formnext additive manufacturing exposition in Frankfurt, Germany. The panels will feature industry speakers discussing metal additive manufacturing challenges and breakthroughs. The panels will be hosted at the nLIGHT booth on November 7th, 8th, and 9th.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.96%
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conferences
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Rhea-AI Summary
nLIGHT, Inc. to release Q3 2023 financial results and hold conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.24%
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Rhea-AI Summary
nLIGHT, Inc. to participate in CL King's Best Ideas Conference on September 18th, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
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nLIGHT Inc

Nasdaq:LASR

LASR Rankings

LASR Stock Data

551.87M
45.51M
4.49%
85.83%
3.02%
Electromedical and Electrotherapeutic Apparatus Manufacturing
Manufacturing
Link
United States
Camas

About LASR

nlight manufactures next generation fiber lasers based on industry-leading diode and fiber technology and vertically integrated global operations. for more information see www.nlight.net.