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Mar 31, 2020
nLIGHT Q1 2020 Earnings Report
nLIGHT's first quarter results were announced, showing revenue increase but a decrease in gross margin compared to the previous year.
Key Takeaways
nLIGHT, Inc. reported a 3.2% increase in revenue to $43.2 million for Q1 2020 compared to $41.9 million in Q1 2019. However, the gross margin decreased to 22.0% from 32.3% year-over-year. The company experienced a GAAP net loss of $7.5 million, or $(0.20) per diluted share and a non-GAAP net loss of $3.0 million, or $(0.08) per diluted share.
Revenues for Q1 2020 increased by 3.2% year-over-year, reaching $43.2 million.
Gross margin for Q1 2020 was 22.0%, a decrease from 32.3% in Q1 2019.
GAAP net loss for Q1 2020 was $(7.5) million, or $(0.20) per diluted share.
Non-GAAP net loss for Q1 2020 was $(3.0) million, or $(0.08) per diluted share.
Revenue by Segment
Forward Guidance
For the second quarter of 2020, nLIGHT expects revenues to be in the range of $45.0 million to $51.0 million, gross margin to be in the range of 21.0% to 25.0%, and Adjusted EBITDA to be in the range of breakeven to profits of $3.0 million.
Positive Outlook
- Revenues are expected to be in the range of $45.0 million to $51.0 million.
- Gross margin is expected to be in the range of 21.0% to 25.0%.
- Adjusted EBITDA is expected to be in the range of breakeven to profits of $3.0 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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