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 (LASR) is a leading innovator in high-performance fiber lasers and semiconductor solutions for aerospace, defense, and precision manufacturing sectors. This dedicated news hub provides investors and industry professionals with essential updates on the company's technological advancements and market position.
Access real-time updates on product developments, defense contract awards, and financial performance metrics. Our curated collection includes earnings announcements, R&D breakthroughs, and strategic partnership details that shape nLight's role in laser technology markets.
Key coverage areas: quarterly financial results, new product certifications, government defense initiatives, and manufacturing capacity expansions. All content is verified through primary sources to ensure accuracy for investment research and competitive analysis.
Bookmark this page for streamlined tracking of nLight's operational milestones and industry leadership in directed energy systems. Check regularly for updates on critical developments affecting the photonics and advanced manufacturing sectors.
nLIGHT, Inc. (NASDAQ: LASR) will release its financial results for the first quarter of 2023 on May 4, 2023, after market close. The quarter ended on March 31, 2023. A conference call to discuss these results will occur on the same day at 2:00 p.m. PT (5:00 p.m. ET). Investors can join the call via a toll-free number or through a webcast accessible on the company's investor relations website. The company specializes in high-power semiconductor and fiber lasers for various applications, employing over 1,000 staff across multiple countries including the U.S., Austria, China, Finland, Korea, and Italy. For further details, please visit www.nlight.net.
Nikola Corporation (NASDAQ: NKLA) has announced that Chief Financial Officer Kim J. Brady will retire effective April 7, 2023. Anastasiya "Stasy" Pasterick, currently Vice President, Corporate Controller, will succeed him. Pasterick will lead Nikola's finance and accounting teams, focusing on investor relations, strategic finance, and treasury. CEO Michael Lohscheller praises Brady's contributions during his tenure, highlighting his role in funding and taking the company public. Brady will remain at Nikola in an advisory role until April 28, 2023, to ensure a smooth transition. Pasterick has been with Nikola since 2019 and has played a crucial role in its financial operations.
nLIGHT, Inc. (NASDAQ: LASR) reported 2022 revenues of $242.1 million, down 10.4% from $270.1 million in 2021. The fourth quarter revenues were $56.7 million, a decrease of 16.0% year-over-year. Gross margins fell to 21.0% for the year and 10.2% for Q4, significantly lower than previous periods. The company incurred approximately $10 million in non-routine charges due to restructuring and inventory adjustments. nLIGHT anticipates Q1 2023 revenues between $50 million and $56 million, with a gross margin outlook of 17% to 20%.
nLIGHT, Inc. is set to release its fourth quarter 2022 financial results on February 23, 2023, after market close. The quarter ended on December 31, 2022. A conference call will follow at 2:00 p.m. PT (5:00 p.m. ET) to discuss these results, which will be available via audio webcast on the company's investor relations website. Participants can join by dialing 1-844-763-8274 in the U.S. or +1-412-717-9224 internationally, quoting the conference title. nLIGHT specializes in high-power semiconductor and fiber lasers across various industries, employing over 1,100 people globally.
nLIGHT, Inc. (NASDAQ: LASR), a leader in high-power semiconductor and fiber lasers, announced its participation in the 25th Annual Needham Growth Conference, set for January 12, 2023, at 12:45 PM EST. The presentation will be webcast live, with access to materials on the company's investor page. Headquartered in Camas, Washington, nLIGHT employs over 1,100 people and serves various markets, including industrial and aerospace applications.
nLIGHT, Inc. (Nasdaq: LASR) reported Q3 2022 revenues of $60.1 million, a 16.8% decline year-over-year from $72.2 million. The gross margin decreased to 22.4% from 29.6% in Q3 2021. The company faced a net loss of $13.0 million, compared to $6.9 million in the previous year. Despite achieving strong performance in Microfabrication and Industrial sectors, nLIGHT is navigating a softer demand environment, attributing it to global market conditions. Expectations for Q4 2022 include revenues of $53-$59 million and gross margins of 20%-23%.
nLIGHT, Inc. (NASDAQ: LASR) will release its third-quarter financial results for 2022 on November 3, 2022, after market close. The quarter ended on September 30, 2022. A conference call to discuss these results will take place the same day at 2:00 p.m. PT (5:00 p.m. ET). Investors can join the call via a dedicated phone line or an audio webcast on the company's investor relations website. nLIGHT is recognized for its high-power semiconductor and fiber lasers, serving various sectors including industrial and defense applications.
nLIGHT, Inc. (Nasdaq: LASR) announced participation in two investor conferences. Chief Financial Officer Joe Corso will attend the Raymond James 2022 Diversified Industrials Conference on August 23, 2022 in New York, featuring a live fireside chat at 10:20 AM EDT. Additionally, he will be at the Jefferies Semiconductors, IT Hardware & Communications Infrastructure Summit on August 30, 2022 in Chicago, focused on one-on-one meetings. nLIGHT provides high-power semiconductor and fiber lasers for various sectors, employing over 1,300 people globally.