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Jun 30, 2024
nLIGHT Q2 2024 Earnings Report
Reported revenue of $50.5 million, gross margin of 23.5%, and a GAAP net loss of $11.7 million.
Key Takeaways
nLIGHT, Inc. reported a decrease in revenue by 5.2% compared to Q2 2023. Despite the revenue decrease, the company's gross margin increased to 23.5%.
Second quarter revenue reached $50.5 million, hitting the upper end of guidance.
Aerospace & Defense business grew 26% quarter-over-quarter.
Strategic partnership announced with EOS for additive manufacturing.
Products gross margin increased to 30% due to higher volumes and favorable business mix.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
nLIGHT expects revenues to be in the range of $53 million to $58 million for Q3 2024. The midpoint of $55.5 million includes Laser Products revenue of approximately $39.5 million and Advanced Development revenue of approximately $16 million. nLIGHT expects overall gross margin to be in the range of 22% to 26%, with Laser Products gross margin in the range of 28% to 32% and Advanced Development gross margin of approximately 8%. nLIGHT expects Adjusted EBITDA to be in the range of ($2) million to $1 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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