nLIGHT reported a strong first quarter in 2022, marked by solid revenue growth driven by increasing demand for its laser products. The company continues to focus on strategic initiatives to expand its market presence and technological capabilities.
Revenue increased to $66.7 million, up 16.2% year-over-year.
GAAP gross margin was 24.1%.
GAAP EPS was $(0.24).
The company provided revenue guidance for the second quarter of 2022.
nLIGHT anticipates continued growth and profitability, driven by strategic investments and increasing demand across key markets.
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