Nlight - LASR STOCK NEWS

nLIGHT, Inc. (Nasdaq: LASR) reported a second quarter revenue of $69.1 million, a 32.6% increase year-over-year, exceeding guidance expectations. The company saw significant growth across all markets, including a 57% rise in Aerospace & Defense revenue. Gross margin improved to 29.4%, up from 25.0% in Q2 2020. Despite a net loss of $7.9 million, adjusted EBITDA rose 93.1% to $6.3 million. For Q3 2021, nLIGHT anticipates revenues between $68 million and $74 million.

nLIGHT, Inc. (Nasdaq: LASR) will release its financial results for Q2 2021 on August 5, 2021, after market close. The second quarter ended on June 30, 2021. A conference call for discussion of the results is scheduled for the same day at 2:00 p.m. PT (5:00 p.m. ET). Investors can access the call via phone or through a webcast on the company's investor relations website. nLIGHT specializes in high-power semiconductor and fiber lasers for diverse applications, employing over 1,275 people across the U.S., China, and Finland.

nLIGHT, Inc. (Nasdaq: LASR), a leader in semiconductor and fiber lasers, will participate in several virtual investor conferences in May and June 2021. Key dates include:

• Northcoast Research Spring Conference on May 10
• Needham’s 16th Annual Conference on May 18
• Cowen’s 49th Annual Conference on June 1
• Craig-Hallum’s 18th Annual Conference on June 2
• Bernstein's 37th Annual Conference on June 4
• Stifel’s 2021 Conference on June 8
• Baird’s Global Conference on June 9

nLIGHT specializes in high-power lasers for various applications and has global operations.

nLIGHT, Inc. (Nasdaq: LASR) reported record revenue of $61.3 million in Q1 2021, a 42% increase year-over-year. This growth was fueled by heightened demand from customers outside China and solid performance in the aerospace and defense sectors. The company achieved gross margins of 28.8% and ended the quarter with $186 million in net cash, positioning it favorably for future growth. However, nLIGHT recorded a net loss of $5.8 million, slightly improving from a $6.7 million loss in the same quarter last year.

nLIGHT, Inc. (Nasdaq: LASR) is set to announce its Q1 2021 financial results on May 6, 2021, after market close. The conference call will occur on the same day at 2:00 p.m. PT (5:00 p.m. ET), with an audio webcast available for investors. The company specializes in high-power semiconductor and fiber lasers for various applications, employing over 1,275 people across the U.S., China, and Finland. For more details, visit nlight.net.

nLIGHT, Inc. (Nasdaq:LASR) has priced its public offering of 2,205,883 shares at $34.00 per share, expecting gross proceeds of approximately $75 million. There is a 30-day option for underwriters to buy an additional 330,882 shares. Proceeds will support working capital and capital expenditures. The offering is set to close on March 8, 2021, pending customary conditions.

Stifel and Raymond James lead the offering with additional co-managers involved.

nLIGHT, Inc. (Nasdaq:LASR) has initiated a proposed underwritten public offering of its common stock under an existing shelf registration statement. The company plans to grant underwriters an option to purchase up to 15% additional shares. Expected net proceeds will be used for working capital, capital expenditures, and general corporate purposes. The offering's terms depend on market conditions, and completion is uncertain. Stifel and Raymond James are the lead underwriters. A registration statement was previously filed with the SEC.

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.