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 second-quarter 2022 revenues of $60.8 million, a 12% decline from $69.1 million in 2021. The gross margin decreased to 25.3% from 29.4% year-over-year. The company experienced a net loss of $10.3 million, worsening from a $7.9 million loss in the prior year. Despite these challenges, nLIGHT announced positive trends in industrial sales outside China, with a 43% year-over-year growth. Looking ahead, the company anticipates third-quarter revenues between $60 million and $66 million, with a gross margin ranging from 21% to 25%.
nLIGHT, Inc. (NASDAQ: LASR) will announce its Q2 2022 financial results on August 4, 2022, after market close. The second quarter ended on June 30, 2022. A conference call to discuss these results is scheduled for 2:00 p.m. Pacific Time on the same day, accessible via phone or through a webcast on their investor relations page. nLIGHT specializes in high-power semiconductor and fiber lasers across various sectors including aerospace and defense.
nLIGHT, Inc. (NASDAQ: LASR) reported Q1 2022 revenues of $64.5 million, marking a 5.1% year-over-year increase. The gross margin decreased to 25.1% from 28.8% the previous year. Although the company experienced a slight decline in Aerospace and Defense revenues, significant growth was noted in Industrial and Microfabrication sectors, with 77% and 14% year-over-year increases, respectively. The net loss widened to $(8.6) million, equating to $(0.20) per diluted share. The outlook for Q2 2022 anticipates revenues between $59 million to $67 million.
nLIGHT, Inc. (NASDAQ: LASR) has launched its new 2 micron fiber laser series, targeting applications in medical, industrial, scientific, aerospace, and defense sectors. These lasers provide Continuous Wave (CW) power up to 100 W and Quasi-Continuous Wave (QCW) pulsed power up to 625 W while maintaining a compact, air-cooled design. Matthew Randall, VP and GM of nLIGHT’s Semiconductor Laser Business, emphasizes the series' ability to enhance performance and tap into new markets. The series will be showcased at the Lasers World of Photonics event in Munich, Germany, from April 26 to 29.
nLIGHT, Inc. (NASDAQ: LASR) will announce its financial results for Q1 2022 post-market on May 5, 2022. The conference call will take place the same day at 2:00 PM PT (5:00 PM ET), and will be accessible via audio webcast on their investor relations website. nLIGHT provides high-power semiconductor and fiber lasers for various sectors, including industrial and defense, and has over 1,300 employees across several countries.
nLIGHT, Inc. (NASDAQ: LASR) reported 2021 revenues of $270.1 million, a 21.3% increase year-over-year, with a gross margin of 28.6%. In Q4 2021, revenue was $67.5 million, up 2.7% from Q4 2020, despite a 60% drop in sales from China. The company reported a net loss of $29.7 million for 2021, with a fourth-quarter net loss of $8.8 million. nLIGHT expects Q1 2022 revenues between $61 million and $67 million. The company is focused on growth outside China, achieving 89% of Q4 revenue from international customers.
nLIGHT, Inc. (NASDAQ: LASR) has acquired the assets of Plasmo Industrietechnik GmbH, enhancing its automated quality assurance capabilities in the welding and additive manufacturing sectors. This acquisition aids nLIGHT in expanding its presence in Europe, particularly in Germany and Austria, and positions the company to offer comprehensive solutions in high-volume electric vehicle production. The deal underscores nLIGHT's commitment to integrating advanced machine vision technology with its laser portfolio, enabling customers to optimize production processes.
nLIGHT, Inc. (NASDAQ: LASR) will release its financial results for Q4 2021 on February 17, 2022, after market close. The conference call will discuss these results at 2:00 PM PT. Investors can access the call via audio webcast or by dial-in. nLIGHT is a leader in high-power semiconductor and fiber lasers, serving industrial, microfabrication, aerospace, and defense sectors.
nLIGHT, Inc. (NASDAQ: LASR) announced the retirement of Chief Financial Officer Ran Bareket, effective March 1, 2022. He will offer advisory support until June 30, 2022. President Scott Keeney praised Bareket's contributions over the past four years. Joseph Corso, currently Vice President of Corporate Development and Investor Relations, will succeed Bareket as CFO on the same date. Corso brings extensive experience from Stifel, where he advised on corporate finance and M&A transactions. This leadership transition aims to continue enhancing shareholder value.
nLIGHT, Inc. (LASR) reported strong Q3 2021 results with revenues of $72.2 million, a 17% year-over-year increase, and a gross margin of 29.6%. The company achieved its highest product gross margin of 37.1% due to robust demand and increased sales from markets outside of China. However, nLIGHT faced a GAAP net loss of $6.9 million, compared to a loss of $2.1 million in Q3 2020. Looking ahead, Q4 revenue is projected between $66 million to $72 million, with gross margin expectations of 25% to 28%.