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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), a leader in semiconductor and fiber lasers, will participate in several virtual investor conferences in May and June 2021. Key dates include:
- Northcoast Research Spring Conference on May 10
- Needham’s 16th Annual Conference on May 18
- Cowen’s 49th Annual Conference on June 1
- Craig-Hallum’s 18th Annual Conference on June 2
- Bernstein's 37th Annual Conference on June 4
- Stifel’s 2021 Conference on June 8
- Baird’s Global Conference on June 9
nLIGHT specializes in high-power lasers for various applications and has global operations.
nLIGHT, Inc. (Nasdaq: LASR) reported record revenue of $61.3 million in Q1 2021, a 42% increase year-over-year. This growth was fueled by heightened demand from customers outside China and solid performance in the aerospace and defense sectors. The company achieved gross margins of 28.8% and ended the quarter with $186 million in net cash, positioning it favorably for future growth. However, nLIGHT recorded a net loss of $5.8 million, slightly improving from a $6.7 million loss in the same quarter last year.
nLIGHT, Inc. (Nasdaq: LASR) is set to announce its Q1 2021 financial results on May 6, 2021, after market close. The conference call will occur on the same day at 2:00 p.m. PT (5:00 p.m. ET), with an audio webcast available for investors. The company specializes in high-power semiconductor and fiber lasers for various applications, employing over 1,275 people across the U.S., China, and Finland. For more details, visit nlight.net.
nLIGHT, Inc. (Nasdaq:LASR) has priced its public offering of 2,205,883 shares at $34.00 per share, expecting gross proceeds of approximately $75 million. There is a 30-day option for underwriters to buy an additional 330,882 shares. Proceeds will support working capital and capital expenditures. The offering is set to close on March 8, 2021, pending customary conditions.
Stifel and Raymond James lead the offering with additional co-managers involved.
nLIGHT, Inc. (Nasdaq:LASR) has initiated a proposed underwritten public offering of its common stock under an existing shelf registration statement. The company plans to grant underwriters an option to purchase up to 15% additional shares. Expected net proceeds will be used for working capital, capital expenditures, and general corporate purposes. The offering's terms depend on market conditions, and completion is uncertain. Stifel and Raymond James are the lead underwriters. A registration statement was previously filed with the SEC.
nLIGHT, Inc. (Nasdaq: LASR) reported a remarkable 26.1% revenue growth in 2020, totaling $222.8 million, marking its highest annual revenue ever. The fourth quarter saw a 53.2% year-over-year revenue increase to $65.7 million, driven by strong performance in aerospace and defense sectors. Despite achieving growth, net losses for 2020 reached $20.9 million, greater than 2019's losses. The company anticipates first-quarter 2021 revenues between $56 million and $62 million, with a gross margin forecast of 25% to 29%. Overall, nLIGHT remains confident in its strategic growth plan.
nLIGHT, Inc. (Nasdaq: LASR) is set to release its fourth quarter 2020 financial results after market close on February 17, 2021. The quarter ended December 31, 2020. A conference call to discuss these results will take place at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. Participants can access the call by phone or via a webcast on the company's investor relations website. nLIGHT specializes in high-power semiconductor and fiber lasers for various applications, employing over 1,200 people globally.
nLIGHT, Inc. (Nasdaq: LASR) has announced that its innovative single-mode AFX fiber laser is a finalist for the 2021 Prism Award. This recognition highlights the AFX-1000's role in enhancing laser powder bed fusion (L-PBF) metal additive manufacturing, which significantly boosts build rates while ensuring high material quality. The AFX system's real-time beam customization is expected to benefit advanced applications such as laser welding. The Prism Awards honor the best optics and photonics products, with a record 149 applications received this year.
nLIGHT, a leader in semiconductor and fiber lasers (Nasdaq: LASR), has announced that its senior management will participate in the 23rd Annual Needham Virtual Growth Conference on January 13, 2021. The company specializes in high-power lasers for various industries, including industrial, microfabrication, aerospace, and defense. Headquartered in Vancouver, Washington, nLIGHT employs over 1,200 people and operates in the U.S., China, and Finland. For more details, visit www.nlight.net.
nLIGHT, Inc. (NASDAQ: LASR) reported a record revenue of $61.7 million for Q3 2020, up 40.9% year-over-year compared to $43.8 million in Q3 2019. The gross margin declined to 27.8%, down from 29.6% in the previous year. The company reported a net loss of $2.1 million, increasing from $0.8 million in Q3 2019. Adjusted EBITDA rose significantly to $6.2 million, up 130.4% year-over-year. For Q4 2020, nLIGHT anticipates revenues between $59 million and $65 million. Despite growth, concerns about COVID-19 and macroeconomic uncertainty persist.