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

nLIGHT

03/08/2023 22:04

* nLIGHT Inc  LASR.OQ  reported a quarterly adjusted loss
of 2
cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 8
cents per share.
    * Revenue fell 12.4% to $53.30 million from a year ago;
analysts
expected $52.35 million. 
    * nLIGHT Inc's reported EPS for the quarter was a loss of 19
cents​.
    * The mean earnings estimate of analysts had risen by
about 27.4%
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 12.5% this quarter and
gained 33.1% so far this year.
    * The company reported a quarterly loss of $8.82 million.
    * Wall Street's median 12-month price target for nLIGHT Inc
is
$16.50 
    * 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 LSEG Refinitiv data
August 3 at 09:04 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.08          -0.02          Beat
 Mar. 31 2023      -0.16          -0.04          Beat
 Dec. 31 2022      -0.14          -0.27          Missed
 Sep. 30 2022      -0.08          -0.11          Missed