secwatch.observer — SEC 8-K summary
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Issuer:     NLIGHT, INC. (LASR)
CIK:        0001124796
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001124796-23-000099
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1124796/000112479623000099/0001124796-23-000099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1124796/000112479623000099/lasr-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001124796-23-000099

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