nLIGHT, Inc. (LASR) Misses Q2 EPS by 14c; Lowers Outlook

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Go back to nLIGHT, Inc. (LASR) Misses Q2 EPS by 14c; Lowers Outlook

nLIGHT, Inc. Announces Second Quarter 2022 Results

August 4, 2022 4:05 PM EDT

Revenues of $60.8 million and gross margin of 25.3% for the second quarter of 2022

CAMAS, Wash.--(BUSINESS WIRE)-- 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 2022.

We delivered a solid quarter despite the significant operational challenges caused by a prolonged COVID-related lockdown in Shanghai, commented Scott Keeney, nLIGHTs President and Chief Executive Officer. 43% year-over-year growth in sales to Industrial customers outside of China and continued... More