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 (LASR) is a leading innovator in high-performance fiber lasers and semiconductor solutions for aerospace, defense, and precision manufacturing sectors. This dedicated news hub provides investors and industry professionals with essential updates on the company's technological advancements and market position.
Access real-time updates on product developments, defense contract awards, and financial performance metrics. Our curated collection includes earnings announcements, R&D breakthroughs, and strategic partnership details that shape nLight's role in laser technology markets.
Key coverage areas: quarterly financial results, new product certifications, government defense initiatives, and manufacturing capacity expansions. All content is verified through primary sources to ensure accuracy for investment research and competitive analysis.
Bookmark this page for streamlined tracking of nLight's operational milestones and industry leadership in directed energy systems. Check regularly for updates on critical developments affecting the photonics and advanced manufacturing sectors.
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.
nLIGHT, Inc. reported revenues of $44.5 million for the first quarter of 2024, meeting guidance expectations. The company anticipates sequential revenue growth in Q2 with a stronger second half of the year driven by aerospace and defense markets. Despite a decline in commercial end market revenue, nLIGHT remains optimistic for long-term growth. The company ended the quarter with $121 million in cash and no debt, positioning it well for continued investment and profitability.
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