secwatch.observer — SEC 8-K summary
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Issuer:     NLIGHT, INC. (LASR)
CIK:        0001124796
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001124796-23-000048
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

nLIGHT Q1 revenue $54.1M, down 16% YoY; wins $86M DoD laser contract
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- Q1 revenue $54.1M (down 16.1% YoY); GAAP net loss $7.7M (-$0.17/sh) vs $8.6M loss YoY.
- Overall gross margin 26.4% (up from 25.1% YoY); adjusted EBITDA $1.3M; products gross margin 33%.
- Awarded $86M DoD contract for High Energy Laser prototype under HELSI program.
- Q2 guidance: revenue $49M-$55M, gross margin 22%-26%, adjusted EBITDA -$2M to $1M.
- Cash balance $108M, no outstanding debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1124796/000112479623000048/0001124796-23-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1124796/000112479623000048/lasr-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001124796-23-000048

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