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nLIGHT, Inc. - LASR STOCK NEWS

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. Common Stock (symbol: LASR) is a leading innovator in the field of semiconductor and fiber lasers. Headquartered in the United States, nLIGHT is renowned for manufacturing next-generation fiber lasers that are based on industry-leading diode and fiber technology. The company leverages a vertically integrated business model to design, develop, and manufacture the critical elements of lasers. This approach enables nLIGHT to rapidly introduce innovative products, control costs, and protect its intellectual property.

nLIGHT operates through two primary segments:

  • Laser Products: This segment encompasses semiconductor lasers, fiber lasers, and directed energy products. The majority of nLIGHT's revenue is generated from this segment, underscoring its importance to the company’s overall financial health.
  • Advanced Development: This segment includes revenue earned from research and development contracts. It highlights nLIGHT's commitment to continuous innovation and development, particularly in applications for industrial, microfabrication, aerospace, and defense.

The company has a significant presence in several geographical markets, including North America, China, and other regions across the globe. By catering to a diverse set of industries and markets, nLIGHT ensures it can meet a wide range of customer needs and maintain a robust business model.

Among its recent achievements, nLIGHT has continued to enhance its product portfolio and expand its market reach through strategic partnerships and innovative developments. The company's vertically integrated operations not only streamline production but also enhance its ability to introduce new products rapidly and efficiently.

For those interested in the latest updates and relevant information about nLIGHT, understanding its operations and significance is essential. With a focus on delivering cutting-edge laser technology, nLIGHT stands out in the market for its technical expertise and innovation capabilities.

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nLIGHT, Inc. reported revenues of $44.5 million for the first quarter of 2024, meeting guidance expectations. The company anticipates sequential revenue growth in Q2 with a stronger second half of the year driven by aerospace and defense markets. Despite a decline in commercial end market revenue, nLIGHT remains optimistic for long-term growth. The company ended the quarter with $121 million in cash and no debt, positioning it well for continued investment and profitability.

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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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nLIGHT, Inc. to release Q3 2023 financial results and hold conference call
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FAQ

What is the current stock price of nLIGHT (LASR)?

The current stock price of nLIGHT (LASR) is $11.06 as of December 2, 2024.

What is the market cap of nLIGHT (LASR)?

The market cap of nLIGHT (LASR) is approximately 533.7M.

What does nLIGHT, Inc. specialize in?

nLIGHT, Inc. specializes in the manufacturing of semiconductor and fiber lasers for industrial, microfabrication, aerospace, and defense applications.

What are the main segments of nLIGHT's business?

nLIGHT operates in two main segments: Laser Products and Advanced Development.

Where is nLIGHT headquartered?

nLIGHT is headquartered in the United States.

Which markets does nLIGHT serve?

nLIGHT serves markets in North America, China, and other regions worldwide.

How does nLIGHT maintain its competitive edge?

nLIGHT maintains its competitive edge through its vertically integrated business model, allowing for rapid product innovation, cost control, and intellectual property protection.

What percentage of nLIGHT’s revenue comes from the Laser Products segment?

The majority of nLIGHT’s revenue is generated from the Laser Products segment.

Does nLIGHT engage in research and development?

Yes, nLIGHT has an Advanced Development segment that includes revenue earned from research and development contracts.

What technologies are nLIGHT’s lasers based on?

nLIGHT’s lasers are based on industry-leading diode and fiber technology.

What industries does nLIGHT cater to?

nLIGHT caters to the industrial, microfabrication, aerospace, and defense industries.

Where can I find more information about nLIGHT?

More information about nLIGHT can be found on their official website at www.nlight.net.

nLIGHT, Inc.

Nasdaq:LASR

LASR Rankings

LASR Stock Data

533.69M
46.27M
4.35%
83.91%
2.15%
Semiconductors
Semiconductors & Related Devices
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United States of America
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