nLIGHT Third Quarter 2024 Earnings: Beats Expectations

NLIGHT, INC. +3.28%

NLIGHT, INC.

LASR

11.01

+3.28%

nLIGHT (NASDAQ:LASR) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$56.1m (up 11% from 3Q 2023).
  • Net loss: US$10.3m (loss narrowed by 13% from 3Q 2023).
  • US$0.21 loss per share (improved from US$0.26 loss in 3Q 2023).
earnings-and-revenue-growth
NasdaqGS:LASR Earnings and Revenue Growth November 9th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

nLIGHT Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 6.7%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Electronic industry in the US.

The company's shares are down 8.4% from a week ago.

Risk Analysis

You still need to take note of risks, for example - nLIGHT has 3 warning signs we think you should be aware of.

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