nLIGHT, Inc. (LASR) Misses Q2 EPS by 2c, Revenues Beat; Offers 3Q Revenue Views Above Consensus

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Go back to nLIGHT, Inc. (LASR) Misses Q2 EPS by 2c, Revenues Beat; Offers 3Q Revenue Views Above Consensus

nLIGHT, Inc. Announces Second Quarter 2018 Results

August 8, 2018 4:05 PM EDT

VANCOUVER, Wash., Aug. 08, 2018 (GLOBE NEWSWIRE) -- nLIGHT, Inc. (Nasdaq: LASR), a leading provider of high-power semiconductor and fiber lasers used in the industrial, microfabrication, and aerospace and defense markets, today reported financial results for the second quarter of 2018. These results included:

Revenues of $51.7 million, up 49.2% compared to $34.7 million for the second quarter of 2017Gross margin of 34.2% compared to 30.8% for the second quarter of 2017Income from operations of $5.5 million, or 10.7% of revenues, compared to $1.9 million, or 5.5% of revenues, for the second quarter of 2017

GAAP net income... More