Nlight ( (LASR) ) has released its Q1 earnings. Here is a breakdown of the information Nlight presented to its investors.
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nLIGHT, Inc. is a prominent provider of high-power lasers used in critical applications such as directed energy, optical sensing, and advanced manufacturing, operating primarily in the aerospace and defense sectors. Headquartered in Camas, Washington, the company has a global presence with operations across the United States, Europe, and Asia.
In its first quarter of 2025, nLIGHT reported a total revenue of $51.7 million, surpassing its guidance range, primarily driven by record performance in its aerospace and defense markets. The company is optimistic about its future, projecting a sequential revenue growth in the second quarter and a promising outlook for its aerospace and defense segments with an expected growth of at least 25% year-over-year.
Key financial highlights for the first quarter include a 16% increase in revenue compared to the same period in 2024, reaching $51.7 million. The gross margin improved significantly to 26.7% from 16.8% in the previous year. The company managed to reduce its net loss to $8.1 million from $13.8 million, showcasing a 41.2% improvement. Additionally, nLIGHT’s adjusted EBITDA turned positive at $116,000, a notable recovery from a negative $4.9 million in the prior year.
Looking ahead, nLIGHT anticipates second-quarter revenues to range between $53 million and $59 million, with a midpoint expectation of $56 million. The company forecasts its gross margin to be between 19% and 25%, and adjusted EBITDA to range from a loss of $4 million to a gain of $1 million, reflecting its strategic focus on enhancing profitability and operational efficiency.
Overall, nLIGHT remains committed to leveraging its technological expertise and market position to drive growth in its core sectors, with a strategic emphasis on expanding its footprint in the aerospace and defense markets, which are expected to be key growth drivers in the coming quarters.
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