nLIGHT (NASDAQ:LASR) Releases Earnings Results, Misses Estimates By $0.21 EPS

nLIGHT (NASDAQ:LASR - Get Free Report) issued its earnings results on Thursday. The company reported ($0.42) earnings per share for the quarter, missing analysts' consensus estimates of ($0.21) by ($0.21), Zacks reports. nLIGHT had a negative net margin of 24.16% and a negative return on equity of 19.53%. The business had revenue of $47.38 million during the quarter, compared to analyst estimates of $46.62 million. nLIGHT updated its Q1 2025 guidance to EPS.

nLIGHT Stock Performance

Shares of LASR traded down $0.87 during mid-day trading on Monday, reaching $8.30. 780,939 shares of the company were exchanged, compared to its average volume of 390,198. The business has a 50 day simple moving average of $10.69 and a two-hundred day simple moving average of $11.01. The stock has a market capitalization of $401.96 million, a PE ratio of -8.06 and a beta of 2.18. nLIGHT has a 52 week low of $8.26 and a 52 week high of $14.73.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Needham & Company LLC dropped their price objective on shares of nLIGHT from $16.00 to $14.00 and set a "buy" rating for the company in a research note on Tuesday, January 21st. Stifel Nicolaus reduced their price target on nLIGHT from $17.00 to $14.00 and set a "buy" rating on the stock in a report on Wednesday, January 15th.

Insider Activity at nLIGHT

In other news, CEO Scott H. Keeney sold 15,000 shares of the business's stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $11.19, for a total value of $167,850.00. Following the transaction, the chief executive officer now owns 1,340,146 shares in the company, valued at approximately $14,996,233.74. The trade was a 1.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 28,519 shares of company stock worth $304,065 over the last ninety days. Insiders own 6.10% of the company's stock.

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nLIGHT Company Profile

nLIGHT, Inc 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.