Welcome to our dedicated page for Nlight news (Ticker: LASR), a resource for investors and traders seeking the latest updates and insights on Nlight stock.
nLIGHT, Inc. reports developments tied to its high-power laser business for mission-critical directed energy, optical sensing, and advanced manufacturing applications. The company designs, manufactures, and sells power semiconductor lasers, fiber lasers, directed energy products, and system-level solutions through a vertically integrated model from laser chip to higher-level laser systems.
Recurring news for LASR includes quarterly and annual results, Laser Products and Advanced Development revenue trends, aerospace and defense demand, directed energy product launches such as HADES, high-energy laser conference showcases, regional operations updates, and investor conference participation. Company updates also address research and development contract activity, beam-combination technology, and applications across defense, industrial, and microfabrication markets.
nLIGHT, Inc. (Nasdaq: LASR) reported a remarkable 26.1% revenue growth in 2020, totaling $222.8 million, marking its highest annual revenue ever. The fourth quarter saw a 53.2% year-over-year revenue increase to $65.7 million, driven by strong performance in aerospace and defense sectors. Despite achieving growth, net losses for 2020 reached $20.9 million, greater than 2019's losses. The company anticipates first-quarter 2021 revenues between $56 million and $62 million, with a gross margin forecast of 25% to 29%. Overall, nLIGHT remains confident in its strategic growth plan.
nLIGHT, Inc. (Nasdaq: LASR) is set to release its fourth quarter 2020 financial results after market close on February 17, 2021. The quarter ended December 31, 2020. A conference call to discuss these results will take place at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. Participants can access the call by phone or via a webcast on the company's investor relations website. nLIGHT specializes in high-power semiconductor and fiber lasers for various applications, employing over 1,200 people globally.
nLIGHT, Inc. (Nasdaq: LASR) has announced that its innovative single-mode AFX fiber laser is a finalist for the 2021 Prism Award. This recognition highlights the AFX-1000's role in enhancing laser powder bed fusion (L-PBF) metal additive manufacturing, which significantly boosts build rates while ensuring high material quality. The AFX system's real-time beam customization is expected to benefit advanced applications such as laser welding. The Prism Awards honor the best optics and photonics products, with a record 149 applications received this year.
nLIGHT, a leader in semiconductor and fiber lasers (Nasdaq: LASR), has announced that its senior management will participate in the 23rd Annual Needham Virtual Growth Conference on January 13, 2021. The company specializes in high-power lasers for various industries, including industrial, microfabrication, aerospace, and defense. Headquartered in Vancouver, Washington, nLIGHT employs over 1,200 people and operates in the U.S., China, and Finland. For more details, visit www.nlight.net.
nLIGHT, Inc. (NASDAQ: LASR) reported a record revenue of $61.7 million for Q3 2020, up 40.9% year-over-year compared to $43.8 million in Q3 2019. The gross margin declined to 27.8%, down from 29.6% in the previous year. The company reported a net loss of $2.1 million, increasing from $0.8 million in Q3 2019. Adjusted EBITDA rose significantly to $6.2 million, up 130.4% year-over-year. For Q4 2020, nLIGHT anticipates revenues between $59 million and $65 million. Despite growth, concerns about COVID-19 and macroeconomic uncertainty persist.
nLIGHT, Inc. (Nasdaq: LASR), a leader in semiconductor and fiber lasers, has announced participation in several upcoming virtual investor conferences. Key dates include the Berenberg US CEO Conference on November 12, Northcoast Research Fall Management Forum on November 16, and the Raymond James Virtual Technology Investors Conference from December 7-10, concluding with the D.A. Davidson Semicap, Laser & Optical Conference on December 15. The company, headquartered in Vancouver, Washington, specializes in high-power lasers for various applications, employing over 1,200 people globally.
nLIGHT, Inc. (Nasdaq: LASR) has launched the AFX-1000, a groundbreaking high-power fiber laser designed for the metal additive manufacturing market. This innovative laser features programmable beam profiles, allowing it to switch between modes without free space optics. The AFX-1000 aims to enhance manufacturing efficiency, improve production yields, and reduce costs per part.
The laser stabilizes large melt pools, minimizing material defects and achieving build rates over 100 cm3/hr with a density exceeding 99.5%.
nLIGHT, Inc. (Nasdaq: LASR) will announce its third quarter 2020 financial results on November 5, 2020, post-market close. The reporting period ends on September 30, 2020. A conference call will follow at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results, which will also be accessible via audio webcast on the company's investor relations website. nLIGHT is a key player in high-power semiconductor and fiber lasers for various sectors, employing over 1,200 people across the U.S., China, and Finland.