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

nLIGHT

07/05/2021 20:12

* nLIGHT Inc  LASR.OQ  reported quarterly adjusted earnings of
6 cents​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for earnings of
5 cents per share.
* Revenue rose 42% to $61.35 million from a year ago​;  analysts
expected $60.11 million.
* nLIGHT Inc's reported EPS for the quarter was a loss of 15
cents​.
* The mean earnings estimate of analysts had risen by about 116%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates and  
* nLIGHT Inc shares had fallen by 19.7% this quarter and
lost 20.3% so far this year.
* The company reported a quarterly loss of $6.15 million.
* Wall Street's median 12-month price target for nLIGHT Inc is
$41.00 
* 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 May 7 at 07:12 p.m. GMT. ​All
figures in US Dollars.​