earnings
confidence high
sentiment neutral
materiality 0.65
nLIGHT Q1 revenue $64.5M (+5% YoY); GAAP loss $(0.20)/share; Q2 rev guide $59-67M
NLIGHT, INC.
2022-Q1 EPS reported
-$0.20
revenue$64,459,000
- Revenue $64.5M, up 5.1% YoY; GAAP net loss $(8.6)M or $(0.20)/diluted share vs loss of $(0.15) prior year.
- Gross margin 25.1% (down from 28.8%); Adjusted EBITDA $1.98M (3.1% rev) vs $5.99M (9.8% rev) YoY.
- Industrial ex-China grew 77% YoY; Microfabrication +14%; Aerospace & Defense declined slightly YoY.
- Q2 2022 guidance: rev $59-67M, gross margin 21-25%, Adj. EBITDA $(2)M to $1M.
- Ended Q1 with $136M cash, no debt; citing China COVID lockdowns as near-term headwind.