nLIGHT Inc expected to post a loss of 8 cents a share - Earnings Preview

nLIGHT

02/08/2023 03:07

* nLIGHT Inc  LASR.OQ   LASR.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 3. 
    * The Camas Washington-based  company is expected to report 
a
13.9% decrease in revenue to $52.352 million from $60.83 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on May 4 2023,
for the period ended June 30, was for revenue between $49.00
million and $55.00 million.
    * ​Refinitiv's mean analyst estimate for nLIGHT Inc is for a
loss
of 8 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"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
$16.5​, above​ its last closing price of $13.97. ​​​

The company's guidance on May 4 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 49 million and 1 million (USD).The
company's guidance on May 4 2023 for the period ended June 30
was for gross profit margin between USD22% and USD26%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.18       -0.16      -0.04     Beat    74.8
 Dec. 31 2023  -0.14       -0.14      -0.27     Missed  -95.2
 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.        -0.08       -0.08      -0.04     Beat    52.7
 31 2022                                                
 Dec. 31 2021  0.03        0.03       -0.01     Missed  -136.4
                                                        ​
 Sep. 30 2021  0.07        0.06       0.08      Beat    25
 Jun. 30 2021  0.07        0.07       0.09      Beat    30.2
 This summary was machine generated August 2 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated