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Dec 31, 2019
nLIGHT Q4 2019 Earnings Report
nLIGHT reported a decrease in revenue and a net loss for the fourth quarter of 2019.
Key Takeaways
nLIGHT, Inc. reported a decrease in revenue for the fourth quarter of 2019, with a GAAP net loss. The company saw continued strength in aerospace and defense during the quarter. They are monitoring the evolving global impact from the COVID-19 outbreak.
Closed 2019 with new product and customer momentum.
The overall industrial market showed signs of recovery in the fourth quarter.
Increased customer penetration across the globe.
Saw continued strength in aerospace and defense during the fourth quarter, concluding a record year for this end market.
Forward Guidance
For the first quarter of 2020, nLIGHT expects revenues to be in the range of $37.0 million to $43.0 million, gross margin to be in the range of 17.0% to 21.0%, and Adjusted EBITDA to be in the range of a loss of $5.0 million to a loss of $2.0 million. This outlook assumes approximately $8.0 million of reduced revenue and an approximate 500 basis point reduction in gross margin related to impacts from the COVID-19 virus outbreak.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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