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

nLIGHT

06/05/2022 16:23

* nLIGHT Inc  LASR.OQ  reported a quarterly adjusted loss
of 4
cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for a loss
of 8 cents per share.
    * Revenue rose 5.1% to $64.46 million from a year ago; 
analysts
expected $64.01 million. 
    * nLIGHT Inc's reported EPS for the quarter was a loss of 20
cents​.
    * The mean earnings estimate of analysts had fallen by
about 242.5% 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 20.1% this quarter and
lost 42.1% so far this year.
    * The company reported a quarterly loss of $8.62 million.
    * Wall Street's median 12-month price target for nLIGHT Inc
is
$25.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 6 at 03:23 p.m.  ​All
figures in US dollars unless otherwise stated