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

nLIGHT

07/08/2021 08:56

* nLIGHT Inc  LASR.OQ  reported quarterly adjusted earnings of 9
cents​​ per share for the quarter ended in June. The mean
expectation of ten analysts for the quarter was for earnings of
7 cents per share.
* Revenue rose 32.6% to $69.11 million from a year ago; 
analysts expected $65.80 million. 
* nLIGHT Inc's reported EPS for the quarter was a loss of 19
cents​.
* The mean earnings estimate of analysts had fallen by
about 2.8% 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 fallen by 12.1% this quarter and
lost 2.3% so far this year.
* The company reported a quarterly loss of $7.89 million.
* Wall Street's median 12-month price target for nLIGHT Inc is
$38.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 7 at 07:55 a.m.  ​All
figures in US dollars unless otherwise stated