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Jun 30, 2020
nLIGHT Q2 2020 Earnings Report
Reported revenues of $52.1 million and a gross margin of 25.0%.
Key Takeaways
nLIGHT, Inc. reported a revenue increase of 8.5% compared to the second quarter of 2019, driven by strong business activity in China. The company's net cash position expanded to over $105 million.
Revenues for the second quarter of 2020 were $52.1 million, an 8.5% increase year-over-year.
Gross margin for the second quarter of 2020 was 25.0%, compared to 33.0% in the second quarter of 2019.
GAAP net loss for the second quarter of 2020 was $(6.8) million, or $(0.18) per diluted share.
Net cash position expanded to over $105 million at the end of the second quarter.
Revenue by Segment
Forward Guidance
For the third quarter of 2020, nLIGHT expects revenues to be in the range of $54.0 million to $60.0 million, gross margin to be in the range of 22.0% to 26.0%, and Adjusted EBITDA to be in the range of $1.0 million to $5.0 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
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