earnings
confidence high
sentiment neutral
materiality 0.65
nLIGHT Q2 rev $50.5M (-5% YoY), net loss $0.25/shr; guides Q3 rev $53-58M
NLIGHT, INC.
2024-Q2 EPS reported
-$0.54
revenue$95,038,000
- Revenue $50.5M, down 5.2% YoY but up 13% QoQ; at upper end of guidance.
- GAAP net loss $11.7M ($0.25/shr) vs $8.8M ($0.19) YoY; non-GAAP loss $4.6M ($0.10).
- Products gross margin 30% above guidance; A&D +26% QoQ; strategic partnership with EOS.
- Q3 outlook: rev $53-58M, gross margin 22-26%, Adj. EBITDA ($2M)-$1M.
- Cash & investments $115M, no debt; $7M operating cash flow in H1 2024.