secwatch.observer — SEC 8-K summary
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Issuer:     NLIGHT, INC. (LASR)
CIK:        0001124796
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001124796-24-000055
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

nLIGHT Q1 revenue $44.5M (-18% YoY), net loss $13.8M; guides Q2 rev $47-51M
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- Revenue $44.5M vs $54.1M YoY (-17.7%); gross margin 16.8% vs 26.4%.
- GAAP net loss $13.8M ($0.29/share) vs $7.7M ($0.17) loss YoY; non-GAAP loss $8.2M ($0.17).
- Adjusted EBITDA -$4.9M vs +$1.3M YoY; cash and securities $121M, no debt.
- Q2 2024 guidance: revenue $47-51M, gross margin 18-22%, Adjusted EBITDA -$1M to -$5M.
- CEO states Q1 is trough revenue quarter; expects sequential growth in Q2 and stronger H2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1124796/000112479624000055/0001124796-24-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1124796/000112479624000055/lasr-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001124796-24-000055

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