nLIGHT Q2 2024 Earnings Report

nLIGHT EPS Results

• Actual EPS: -$0.10
• Consensus EPS: -$0.13
• Beat/Miss: Beat by +$0.03
• One Year Ago EPS: -$0.18

nLIGHT Revenue Results

• Actual Revenue: $50.51 million
• Expected Revenue: $49.23 million
• Beat/Miss: Beat by +$1.28 million
• YoY Revenue Growth: -5.20%

nLIGHT Announcement Details

• Quarter: Q2 2024
• Date: 8/1/2024
• Time: After Market Closes

nLIGHT (NASDAQ:LASR) designs, develops, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. The company operates in two segments, Laser Products and Advanced Development. It offers semiconductor lasers with various ranges of power levels, wavelengths, and output fiber sizes; and programmable and serviceable fiber lasers for use in industrial and aerospace and defense applications. The company also provides laser sensors, including light detection and ranging technologies for intelligence, surveillance, and reconnaissance applications; and fiber amplifiers, beam combination, and control systems for use in high-energy laser systems in directed energy applications. It sells its products through direct sales force in the United States, China, South Korea, and European countries, as well as through independent sales representatives and distributors in Asia, Australia, Europe, the Middle East, and South America. The company was formerly known as nLight Photonics Corporation and changed its name to nLIGHT, Inc. in January 2016. nLIGHT, Inc. was incorporated in 2000 and is headquartered in Camas, Washington.