Picture of nLIGHT logo

LASR — nLIGHT News Story

0.000.00%
us flag iconLast trade - 00:00
TechnologyAdventurousMid CapHigh Flyer

nLIGHT Inc reports results for the quarter ended December 31 - Earnings Summary

nLIGHT Inc LASR.OQ reported a quarterly adjusted loss of 30 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -13 cents.  The mean expectation of eight analysts for the quarter was for a loss of 20 cents per share. Wall Street expected results to range from -25 cents to -16 cents per share.

Revenue fell 8.7% to $47.38 million from a year ago; analysts expected $46.62 million.

nLIGHT Inc's reported EPS for the quarter was a loss of 51 cents​.

The company reported a quarterly loss of $24.96 million.

nLIGHT Inc shares had fallen by 6.3% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 42.3% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

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 average consensus recommendation for the semiconductors peer group is also "buy"

Wall Street's median 12-month price target for nLIGHT Inc is $14.50

This summary was machine generated from LSEG data February 27 at 11:34 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 2024-0.20-0.30Missed
Sep. 30 2024-0.08-0.08Met
Jun. 30 2024-0.13-0.10Beat
Mar. 31 2024-0.19-0.17Beat

Recent news on nLIGHT

See all news