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Dec 31, 2020
nLIGHT Q4 2020 Earnings Report
Reported a strong fourth quarter and full year, exceeding revenue and gross margin guidance.
Key Takeaways
nLIGHT, Inc. reported a 53.2% increase in revenue for Q4 2020 compared to Q4 2019, with revenue reaching $65.7 million. The company's gross margin also increased to 29.9% from 23.3% in the same period last year. The growth was driven by a strong performance in the aerospace and defense sector.
nLIGHT delivered 26% year-over-year growth in 2020, resulting in the highest annual revenues in the company’s history.
The company successfully executed its strategy of expanding sales with strategic customers outside of China and in the aerospace and defense market.
Fourth quarter results exceeded the high-end of revenue, gross margin and Adjusted EBITDA guidance due to higher revenues and a more favorable mix of business.
nLIGHT believes it is well positioned to continue to outpace industry growth.
Revenue by Segment
Forward Guidance
For the first quarter of 2021, nLIGHT expects revenues to be in the range of $56 million to $62 million, gross margin to be in the range of 25% to 29%, and Adjusted EBITDA to be in the range of $3 million to $6 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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