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

nLIGHT

23/02/2023 23:33

* nLIGHT Inc  LASR.OQ  reported a quarterly adjusted loss
of 27
cents​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for a loss of 14
cents per share.
    * Revenue fell 16% to $56.68 million from a year ago;
analysts
expected $56.89 million. 
    * nLIGHT Inc's reported EPS for the quarter was a loss of 50
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * nLIGHT Inc shares had risen by 26.3% this quarter.
    * The company reported a quarterly loss of $22.66 million.
    * Wall Street's median 12-month price target for nLIGHT Inc
is
$16.00 
    * 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." 

This summary was machine generated from Refinitiv data February
23 at 11:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.14          -0.27          Missed
 Sep. 30 2022      -0.08          -0.11          Missed
 Jun. 30 2022      -0.09          -0.07          Beat
 Mar. 31 2022      -0.08          -0.04          Beat