secwatch.observer — SEC 8-K summary
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Issuer:     NLIGHT, INC. (LASR)
CIK:        0001124796
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001124796-23-000015
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

nLIGHT Q4 revenue $56.7M, net loss $22.7M; guides Q1 revenue $50-56M
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- Q4 2022 revenue $56.7M, down 16% YoY; GAAP net loss $22.7M ($0.50/share) vs loss $8.8M in Q4 2021.
- Full year 2022 revenue $242.1M, down 10.4% YoY; GAAP net loss $54.6M ($1.23/share) vs loss $29.7M in 2021.
- Gross margin fell to 10.2% in Q4 (26.6% prior year) and 21.0% for full year (28.6% prior year).
- Incurred ~$6M non-routine inventory charges and ~$4M restructuring expenses in Q4.
- Q1 2023 guidance: revenue $50-56M, gross margin 17-20%, Adjusted EBITDA -$4M to -$1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1124796/000112479623000015/0001124796-23-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1124796/000112479623000015/lasr-20230223.htm
  HTML page:      https://secwatch.observer/filing/0001124796-23-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer