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 (Nasdaq: LASR) has announced it will release its second quarter 2024 financial results on Thursday, August 1, 2024, after the financial markets close. The company will host a conference call and simultaneous webcast to discuss the results on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
Investors can access the audio webcast on the company's investor relations website at http://investors.nlight.net. A replay will be available shortly after the call concludes. For those who prefer to join by phone, the dial-in number is 1-844-282-4705 (U.S., toll-free) or +1-412-317-5625 (international and toll), with the conference title: nLIGHT Second Quarter 2024 Earnings.
nLIGHT (NASDAQ: LASR) and EOS have announced a strategic cooperation aimed at advancing additive manufacturing (AM) laser technology. Under the agreement, nLIGHT will supply EOS with its AFX™ programmable beam shaping lasers, which will be integrated into EOS's metal AM systems. This collaboration aims to optimize AM light engines for enhanced industrial 3D printing productivity. The AFX laser, offering seven different beam profiles, can achieve printing speeds up to three times faster for specific metals compared to standard processes. The AFX-enabled machines are expected to be available by late 2024.
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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