earnings
confidence high
sentiment neutral
materiality 0.70
nLIGHT Q2 2023 revenue $53.3M down 12.4% YoY; guides Q3 $47-$51M
NLIGHT, INC.
2023-Q2 EPS reported
-$0.36
revenue$107,395,000
- Revenue $53.3M, down 12.4% YoY; gross margin 22.7% vs 25.3%.
- GAAP net loss $8.8M ($0.19 loss/share); non-GAAP net loss $0.9M ($0.02 loss/share).
- Adjusted EBITDA -$0.2M vs +$0.2M YoY; A&D revenue up 9% YoY; second phase of HELSI begun.
- Q3 guidance: revenue $47-$51M; gross margin 22%-25%; Adjusted EBITDA -$3M to break-even.