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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, Inc. (NASDAQ: LASR) reported 2022 revenues of $242.1 million, down 10.4% from $270.1 million in 2021. The fourth quarter revenues were $56.7 million, a decrease of 16.0% year-over-year. Gross margins fell to 21.0% for the year and 10.2% for Q4, significantly lower than previous periods. The company incurred approximately $10 million in non-routine charges due to restructuring and inventory adjustments. nLIGHT anticipates Q1 2023 revenues between $50 million and $56 million, with a gross margin outlook of 17% to 20%.
nLIGHT, Inc. is set to release its fourth quarter 2022 financial results on February 23, 2023, after market close. The quarter ended on December 31, 2022. A conference call will follow at 2:00 p.m. PT (5:00 p.m. ET) to discuss these results, which will be available via audio webcast on the company's investor relations website. Participants can join by dialing 1-844-763-8274 in the U.S. or +1-412-717-9224 internationally, quoting the conference title. nLIGHT specializes in high-power semiconductor and fiber lasers across various industries, employing over 1,100 people globally.
nLIGHT, Inc. (NASDAQ: LASR), a leader in high-power semiconductor and fiber lasers, announced its participation in the 25th Annual Needham Growth Conference, set for January 12, 2023, at 12:45 PM EST. The presentation will be webcast live, with access to materials on the company's investor page. Headquartered in Camas, Washington, nLIGHT employs over 1,100 people and serves various markets, including industrial and aerospace applications.
nLIGHT, Inc. (Nasdaq: LASR) reported Q3 2022 revenues of $60.1 million, a 16.8% decline year-over-year from $72.2 million. The gross margin decreased to 22.4% from 29.6% in Q3 2021. The company faced a net loss of $13.0 million, compared to $6.9 million in the previous year. Despite achieving strong performance in Microfabrication and Industrial sectors, nLIGHT is navigating a softer demand environment, attributing it to global market conditions. Expectations for Q4 2022 include revenues of $53-$59 million and gross margins of 20%-23%.
nLIGHT, Inc. (NASDAQ: LASR) will release its third-quarter financial results for 2022 on November 3, 2022, after market close. The quarter ended on September 30, 2022. A conference call to discuss these results will take place the same day at 2:00 p.m. PT (5:00 p.m. ET). Investors can join the call via a dedicated phone line or an audio webcast on the company's investor relations website. nLIGHT is recognized for its high-power semiconductor and fiber lasers, serving various sectors including industrial and defense applications.
nLIGHT, Inc. (Nasdaq: LASR) announced participation in two investor conferences. Chief Financial Officer Joe Corso will attend the Raymond James 2022 Diversified Industrials Conference on August 23, 2022 in New York, featuring a live fireside chat at 10:20 AM EDT. Additionally, he will be at the Jefferies Semiconductors, IT Hardware & Communications Infrastructure Summit on August 30, 2022 in Chicago, focused on one-on-one meetings. nLIGHT provides high-power semiconductor and fiber lasers for various sectors, employing over 1,300 people globally.
nLIGHT, Inc. (NASDAQ: LASR) reported second-quarter 2022 revenues of $60.8 million, a 12% decline from $69.1 million in 2021. The gross margin decreased to 25.3% from 29.4% year-over-year. The company experienced a net loss of $10.3 million, worsening from a $7.9 million loss in the prior year. Despite these challenges, nLIGHT announced positive trends in industrial sales outside China, with a 43% year-over-year growth. Looking ahead, the company anticipates third-quarter revenues between $60 million and $66 million, with a gross margin ranging from 21% to 25%.
nLIGHT, Inc. (NASDAQ: LASR) will announce its Q2 2022 financial results on August 4, 2022, after market close. The second quarter ended on June 30, 2022. A conference call to discuss these results is scheduled for 2:00 p.m. Pacific Time on the same day, accessible via phone or through a webcast on their investor relations page. nLIGHT specializes in high-power semiconductor and fiber lasers across various sectors including aerospace and defense.
nLIGHT, Inc. (NASDAQ: LASR) reported Q1 2022 revenues of $64.5 million, marking a 5.1% year-over-year increase. The gross margin decreased to 25.1% from 28.8% the previous year. Although the company experienced a slight decline in Aerospace and Defense revenues, significant growth was noted in Industrial and Microfabrication sectors, with 77% and 14% year-over-year increases, respectively. The net loss widened to $(8.6) million, equating to $(0.20) per diluted share. The outlook for Q2 2022 anticipates revenues between $59 million to $67 million.