nLIGHT, Inc. (LASR) Misses Q1 EPS by 5c

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Go back to nLIGHT, Inc. (LASR) Misses Q1 EPS by 5c

nLIGHT, Inc. Announces First Quarter 2023 Results

May 4, 2023 4:05 PM EDT

Revenues of $54.1 million and products gross margin of 33% for the first quarter of 2023

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 first quarter of 2023.

Our continued strategic focus on the industrial market outside of China and on the aerospace and defense markets, combined with improvements in our U.S.-based manufacturing capacity and lower overall expenses, enabled us generate revenue above... More