earnings
confidence high
sentiment neutral
materiality 0.70
nLIGHT posts Q3 revenue of $72.2M, up 17% YoY; record products gross margin 37.1%
NLIGHT, INC.
2021-Q3 EPS reported
-$0.50
revenue$202,693,000
- Revenue $72.2M (+17% YoY); gross margin 29.6% vs 27.8% YoY.
- Products gross margin record 37.1%, up 490 bps YoY, driven by higher mix outside China.
- GAAP net loss $(6.9M) or $(0.16) per share; non-GAAP net income $3.9M or $0.08 per share.
- Adjusted EBITDA $7.2M (10.0% of revenue), vs $6.2M in Q3 2020.
- Q4 guidance: revenue $66-72M, gross margin 25-28%, adjusted EBITDA $3-5M.