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

nLIGHT

03/11/2022 21:03

* nLIGHT Inc  LASR.OQ  reported a quarterly adjusted loss
of 11
cents​​ per share for the quarter ended in September. The mean
expectation of seven analysts for the quarter was for a loss
of 8 cents per share.
    * Revenue fell 16.8% to $60.09 million from a year ago;
analysts
expected $63.89 million. 
    * nLIGHT Inc's reported EPS for the quarter was a loss of 29
cents​.
    * The mean earnings estimate of analysts had fallen by
about 128.7% in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * nLIGHT Inc shares had risen by 12.6% this quarter and
lost 55.6%
so far this year.
    * The company reported a quarterly loss of $12.96 million.
    * Wall Street's median 12-month price target for nLIGHT Inc
is
$19.50 
    * 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 Refinitiv data November
3 at 09:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.08          -0.11          Missed
 Jun. 30 2022      -0.09          -0.07          Beat
 Mar. 31 2022      -0.08          -0.04          Beat
 Dec. 31 2021      0.03           -0.01          Missed