nLIGHT Q3 revenue down 15.7% YoY to $50.6M; net loss $11.9M, HELSI 2 contract expanded to $171M

NLIGHT, INC.

2023-Q3 EPS reported -$0.62 revenue$158,029,000

Revenue $50.6M, down 15.7% YoY; GAAP net loss $0.26/diluted share vs $0.29 loss YoY.
Non-GAAP net loss $0.10/diluted share; cash and marketable securities $112M, no debt.
HELSI 2 contract options awarded total $171M over next 3 years; initial shipments to large EV battery maker.
Q4 2023 guidance: revenue $45-50M, gross margin 16-20%, Adjusted EBITDA -$5M to -$2M.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

NLIGHT, INC. reported the third quarter of 2023 results: revenue $50.6 million, net income net loss of $11.9 million, or net loss of $0.26 per diluted share, EPS net loss of $0.26 per diluted share. Guidance reaffirmed.

Period: the third quarter of 2023
Revenue: $50.6 million
Net income: net loss of $11.9 million, or net loss of $0.26 per diluted share
EPS: net loss of $0.26 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Exchange Act, except as expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- nLIGHT, Inc. Announces Third Quarter 2023 Results Revenues of $50.6 million for the third quarter of 2023 Camas , Wash ., November 2, 2023 - nLIGHT, Inc. (Nasdaq: LASR), a leading provider of high-power semiconductor and fiber lasers used in the

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accession 0001124796-23-000099

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