Loading...
•
Mar 31, 2021
nLIGHT Q1 2021 Earnings Report
Reported record first quarter revenue driven by year-over-year growth in each of its end markets.
Key Takeaways
nLIGHT, Inc. reported a strong first quarter in 2021, with revenues of $61.3 million, a 42% increase compared to the first quarter of 2020. The company's growth was driven by increased demand from customers outside of China and continued execution in its Aerospace & Defense business. The company ended the quarter with approximately $186 million of net cash.
Revenue for Q1 2021 was $61.3 million, up 42.0% year-over-year.
Gross margin for Q1 2021 was 28.8%, compared to 22.0% in Q1 2020.
GAAP net loss for Q1 2021 was $(6.1) million, or $(0.15) per diluted share.
Non-GAAP net income for Q1 2021 was $2.6 million, or $0.06 per diluted share.
Revenue by Segment
Forward Guidance
For the second quarter of 2021, nLIGHT expects revenues to be in the range of $62 million to $68 million, gross margin to be in the range of 26% to 30%, and Adjusted EBITDA to be in the range of $5 million to $8 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...