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

nLIGHT

04/05/2023 22:02

* nLIGHT Inc  LASR.OQ  reported a quarterly adjusted loss
of 4
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss
of 16 cents per share.
    * Revenue fell 16.1% to $54.09 million from a year ago;
analysts
expected $53.10 million. 
    * nLIGHT Inc's reported EPS for the quarter was a loss of 17
cents​.
    * The mean earnings estimate of analysts had fallen by
about 30.4%
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 9.1% this quarter and
lost 8.8%
so far this year.
    * The company reported a quarterly loss of $7.73 million.
    * Wall Street's median 12-month price target for nLIGHT Inc
is
$15.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.16          -0.04          Beat
 Dec. 31 2022      -0.14          -0.27          Missed
 Sep. 30 2022      -0.08          -0.11          Missed
 Jun. 30 2022      -0.09          -0.07          Beat