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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 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.
nLIGHT, Inc. (Nasdaq: LASR), a leading provider of high-power semiconductor and fiber lasers, has announced its participation in several upcoming investor events during the third quarter of 2024. These events include:
- 13th Annual Needham Virtual Industrial Tech, Robotics, & Clean Tech 1x1 Conference (August 19, virtual)
- Jefferies Semiconductor, IT Hardware & Communications Technology Conference (August 28, Chicago)
- Benchmark's 11th Annual Tech, Media & Telecom 1x1 Conference (September 4, New York)
- CL King's 22nd Annual Best Ideas Conference (September 16, virtual)
The company will participate in 1x1 meetings at all events, with a fireside chat scheduled during the CL King conference at 1:15pm EDT. A live and archived recording of the CL King webcast will be available on nLIGHT's investor page.
nLIGHT (NASDAQ: LASR) reported Q2 2024 revenues of $50.5M, marking a 13% increase QoQ but a 5.2% decrease YoY. Aerospace & Defense sector saw a 26% QoQ growth. The company improved its gross margin to 30%, above the guidance range. Despite this, nLIGHT reported a net loss of $11.7M, or $0.25 per diluted share, compared to a loss of $8.8M in Q2 2023. The company ended the quarter with $115M in cash and no debt. Looking ahead to Q3 2024, nLIGHT projects revenues between $53M and $58M with an overall gross margin of 22%-26% and Adjusted EBITDA between ($2M) to $1M. The company has entered a strategic partnership with EOS in additive manufacturing, aiming for long-term growth in this sector.
nLIGHT (Nasdaq: LASR) has announced it will release its second quarter 2024 financial results on Thursday, August 1, 2024, after the financial markets close. The company will host a conference call and simultaneous webcast to discuss the 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 will be available shortly after the call concludes. For those who prefer to join by phone, the dial-in number is 1-844-282-4705 (U.S., toll-free) or +1-412-317-5625 (international and toll), with the conference title: nLIGHT Second Quarter 2024 Earnings.
nLIGHT (NASDAQ: LASR) and EOS have announced a strategic cooperation aimed at advancing additive manufacturing (AM) laser technology. Under the agreement, nLIGHT will supply EOS with its AFX™ programmable beam shaping lasers, which will be integrated into EOS's metal AM systems. This collaboration aims to optimize AM light engines for enhanced industrial 3D printing productivity. The AFX laser, offering seven different beam profiles, can achieve printing speeds up to three times faster for specific metals compared to standard processes. The AFX-enabled machines are expected to be available by late 2024.
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