nLIGHT Inc expected to post a loss of 19 cents a share - Earnings Preview

nLIGHT

30/04/2024 22:00

* nLIGHT Inc  LASR.OQ   LASR.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Camas Washington-based  company is expected to report
a
18.2% decrease in revenue to $44.269 million from $54.09 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.The company's guidance on February 22 2024,
for the period ended March 31, was for revenue between $42.00
million and $46.00 million.
    * ​LSEG's mean analyst estimate for nLIGHT Inc is for a loss
of 19
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for nLIGHT Inc
is
$16.00​, above​ its last closing price of $11.53. ​​​

The company's guidance on February 22 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 42 million and -5 million (USD).The
company's guidance on February 22 2024 for the period ended
March 31 was for gross profit margin between USD15% and USD20%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023              -0.14      -0.13     Beat    5.8
 Sep. 30 2023  -0.08       -0.08      -0.10     Missed  -27.7
 Jan. 1 0001   -0.08       -0.08      -0.02     Beat    75.1​
 Mar. 31 2023  -0.18       -0.16      -0.04     Beat    74.8
 ​​Dec.        -0.14       -0.14      -0.27     Missed  -95.2
 31 2022                                                
 Sep. 30 2022  -0.08       -0.08      -0.11     Missed  -34.7​
 Jun. 30 2022  -0.09       -0.09      -0.07     Beat    20.5
 Mar. 31 2022  -0.08       -0.08      -0.04     Beat    52.7
 This summary was machine generated April 30 at 21:00 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)