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

nLIGHT

06/11/2024 05:07

* nLIGHT Inc  LASR.OQ   LASR.O  is expected to show a rise
in
quarterly revenue when it reports  results on November 7 for the
period ending September 30 2024
    * The Camas Washington-based  company is expected to report
a
9.2% increase in revenue to $55.268 million from $50.63 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.The company's guidance on August 1 2024, for
the period ended September 30, was for revenue between $53.00
million and $58.00 million.
    * ​LSEG'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 5 "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
$15.25​, above​ its last closing price of $12.44. ​​​

The company's guidance on August 1 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 53 million and 1
million (USD).The company's guidance on August 1 2024 for the
period ended September 30 was for gross profit margin between
USD22% and USD26%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.13       -0.13      -0.10     Beat    22.2
 Mar. 31 0001  -0.19                  -0.17             10
 Dec. 31 2023  -0.14       -0.14      -0.13     Beat    5.8​
 Sep. 30 2023  -0.08       -0.08      -0.10     Missed  -27.7
 ​​Jun.        -0.08       -0.08      -0.02     Beat    75.1
 30 2023                                                
 Jan. 1 0001   -0.18       -0.16      -0.04     Beat    74.8​
 Dec. 31 2022  -0.14       -0.14      -0.27     Missed  -95.2
 Sep. 30 2022  -0.08       -0.08      -0.11     Missed  -34.7
 This summary was machine generated November 6 at 05:07 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)