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nLIGHT, Inc. Common Stock (symbol: LASR) is a leading innovator in the field of semiconductor and fiber lasers. Headquartered in the United States, nLIGHT is renowned for manufacturing next-generation fiber lasers that are based on industry-leading diode and fiber technology. The company leverages a vertically integrated business model to design, develop, and manufacture the critical elements of lasers. This approach enables nLIGHT to rapidly introduce innovative products, control costs, and protect its intellectual property.
nLIGHT operates through two primary segments:
- Laser Products: This segment encompasses semiconductor lasers, fiber lasers, and directed energy products. The majority of nLIGHT's revenue is generated from this segment, underscoring its importance to the company’s overall financial health.
- Advanced Development: This segment includes revenue earned from research and development contracts. It highlights nLIGHT's commitment to continuous innovation and development, particularly in applications for industrial, microfabrication, aerospace, and defense.
The company has a significant presence in several geographical markets, including North America, China, and other regions across the globe. By catering to a diverse set of industries and markets, nLIGHT ensures it can meet a wide range of customer needs and maintain a robust business model.
Among its recent achievements, nLIGHT has continued to enhance its product portfolio and expand its market reach through strategic partnerships and innovative developments. The company's vertically integrated operations not only streamline production but also enhance its ability to introduce new products rapidly and efficiently.
For those interested in the latest updates and relevant information about nLIGHT, understanding its operations and significance is essential. With a focus on delivering cutting-edge laser technology, nLIGHT stands out in the market for its technical expertise and innovation capabilities.
nLIGHT (Nasdaq: LASR), a leading provider of high-power lasers for mission critical directed energy, optical sensing, and advanced manufacturing applications, has announced its participation in two major investor events in March 2025:
- The Raymond James & Associates 46th Annual Institutional Investors Conference on March 4, 2025, at the JW Marriott Grande Lakes in Orlando, FL, featuring 1x1 meetings and a company presentation at 4:35pm EDT
- The Cantor Global Technology Conference on March 12, 2025, at the InterContinental New York Barclay in New York, NY, including 1x1 meetings and a fireside chat at 8:00am EDT
Live and archived webcasts of both events will be available on the company's investor relations website at investors.nlight.net.
nLIGHT (LASR) reported its Q4 and full-year 2024 financial results, showing mixed performance across segments. Full-year revenues declined 5.4% to $198.5 million, while Q4 revenues dropped 8.7% to $47.4 million. The company's defense business emerged as a bright spot, growing 20% year-over-year to $110 million and representing 55% of overall sales.
The company experienced significant margin pressure, with full-year gross margin declining to 16.6% from 22.0% in 2023. Q4 gross margin fell sharply to 2.4% from 18.9%, impacted by $6.0 million in inventory reserves. The company reported a full-year GAAP net loss of $60.8 million ($1.27 per share) compared to $41.7 million loss in 2023.
Looking ahead to Q1 2025, nLIGHT expects revenues between $45-51 million, with gross margin projected at 13-17% and Adjusted EBITDA between ($6) million to ($3) million.
nLIGHT (NASDAQ: LASR) has announced preliminary Q4 2024 results below previous guidance. The company expects to report revenue between $46-48 million, falling short of their earlier guidance of $49-54 million. This includes Laser Products revenue of $31-32 million and Advanced Development revenue of $15-16 million.
The revenue shortfall is attributed to ongoing weakness in industrial markets, execution challenges in microfabrication business, and timing issues with defense product deliveries. The company anticipates both gross margin and Adjusted EBITDA to be materially below previous guidance due to lower product revenue and non-recurring charges related to rightsizing their industrial business.
Despite these challenges, CEO Scott Keeney expressed optimism about the aerospace and defense segment heading into 2025, citing good visibility across multiple programs in directed energy and laser sensing.
nLIGHT (Nasdaq: LASR), a provider of high-power semiconductor and fiber lasers for aerospace and defense, industrial, and microfabrication markets, announced its participation in the 27th Annual Needham Growth Conference in New York. Scott Keeney, President and CEO, and Joe Corso, CFO, will attend the conference on January 15th, 2025. The executives will conduct one-on-one investor meetings and deliver a webcast presentation at 2:45pm EST. The presentation will be available live and archived on nLIGHT's investor relations website.
nLIGHT (Nasdaq: LASR), a provider of high-power semiconductor and fiber lasers for aerospace, defense, industrial, and microfabrication markets, has announced its participation in three major investor events in Q4 2024:
1. Craig-Hallum Alpha Select Conference on November 19 at the Sheraton New York Times Square Hotel
2. Raymond James TMT and Consumer Conference on December 9 at the Lotte New York Palace, featuring a webcast presentation at 8:40am EST
3. 13th Annual NYC Summit on December 17 at Mastro's Steakhouse, an invitation-only event for accredited investors and analysts
nLIGHT, a provider of high-power semiconductor and fiber lasers, reported its Q3 2024 financial results. Revenues increased by 10.9% year-over-year to $56.1 million, driven by record results in Aerospace & Defense, which saw significant growth in directed energy and laser sensing programs. Gross margin improved to 22.4% from 19.6% in Q3 2023. Despite these gains, the company posted a net loss of $10.3 million, a slight improvement from a $11.9 million loss in Q3 2023. Adjusted EBITDA also improved but remained negative at -$0.994 million. nLIGHT expects Q4 2024 revenues to range between $49 million and $54 million, with an overall gross margin between 17% and 21%.
nLIGHT announces the production launch of Corona AFX-2000, a two-kilowatt laser with proprietary beam shaping technology for metal additive manufacturing. The laser has demonstrated up to three times faster print speeds for aluminum alloys compared to current large-format printers, while delivering twice the available power of state-of-the-art lasers. The AFX-2000 is integrated into nLIGHT's modulus platform, designed for ultra-high-productivity laser powder bed fusion printers. The technology has been commercially validated with a leading customer in aerospace, defense, and automotive markets.
nLIGHT, Inc. (Nasdaq: LASR) has announced the global launch of two new products: nfinity and ProcessGUARD, designed to meet advanced metal fabrication demands. nfinity optimizes beam characteristics for high-power cutting applications, increasing speed and accuracy for thick metal cutting. ProcessGUARD integrates nLIGHT Plasmo's process monitoring capability into nLIGHT lasers, eliminating the need for external optics and equipment while maximizing yield, productivity, and uptime.
These innovative products will be showcased at FABTECH in Orlando, USA (October 15-17, booth S17171) and EuroBLECH in Hanover, Germany (October 22-25, booth 11-A15). The launch aims to provide superior laser cutting and welding technologies to support the growing demands in the industrial, microfabrication, aerospace, and defense markets.
nLIGHT, Inc. (Nasdaq: LASR) has announced that it will release its financial results for the third quarter of 2024 after the financial markets close on Thursday, November 7, 2024. The company will hold a conference call and simultaneous webcast to discuss these 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 of the webcast will be available shortly after the call concludes. For those who prefer to dial in, the conference call can be accessed by calling 1-800-579-2543 (U.S., toll-free) or +1-785-424-1789 (international and toll), with the conference title: nLIGHT Third Quarter 2024 Earnings.
nLIGHT, Inc. (Nasdaq: LASR), a leading provider of high-power semiconductor and fiber lasers, has announced the launch of two new products: WELDForm and Automatic Parameter Tuning (APT). These technologies are designed to meet the dynamic requirements of advanced battery manufacturing customers in the rapidly growing e-mobility market.
WELDForm provides melt pool stabilization to reduce spatter and defects in laser welding, enabling consistent weld penetration and profile control. APT is an AI-based solution that utilizes nLIGHT Plasmo's process observer technology for automated development of first-time-right system settings to detect welding defects, saving time and costs.
nLIGHT will showcase these new laser technologies at The Battery Show North America in Detroit, MI, from October 7-10, at booth 3438.