nLIGHT, Inc. (LASR) Tops Q3 EPS by 3c, Revenues Beat; Offers 4Q Revenue Guidance

nLIGHT, Inc. (NASDAQ: LASR) reported Q3 EPS of $0.15, $0.03 better than the analyst estimate of $0.12. Revenue for the quarter came in at $51.03 million versus the consensus estimate of $49.2 million.

“We are pleased with our execution in the quarter despite challenges in the industrial end market in China,” commented Scott Keeney, nLIGHT’s President and Chief Executive Officer. “Our strong third quarter results are a testament to the value proposition customers find in our products and the diverse nature of the end markets we serve. With the recent introduction of our 10kW fiber laser and Corona, the industry’s first programmable fiber laser, we have further enhanced our competitive differentiation and are well positioned to continue to grow faster than the overall high-power laser market.”

GUIDANCE:

nLIGHT, Inc. sees Q4 2018 revenue of $45-49 million, versus the consensus of $47.46 million.

For earnings history and earnings-related data on nLIGHT, Inc. (LASR) click here.

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