Reports Q4 revenue $47.4M, consensus $46.62M. “2024 was a transformative year for nLIGHT (LASR) as our defense business began to scale, with revenue growing 20% year-over-year to $110 million and representing approximately 55% of our overall sales,” commented Scott Keeney, nLIGHT’s President and Chief Executive Officer. “We made significant progress across multiple large directed energy contracts, while securing new program wins in laser sensing.”
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Read More on LASR:
- nLight price target lowered to $14 from $16 at Needham
- nLight price target lowered to $14 from $17 at Stifel
- Closing Bell Movers: Vericel down 11% after Q4 pre-announcement
- nLight sees Q4 revenue $46M-$48M, consensus $52.0M
- nLight sees Q4 adjusted EBITDA, gross margin ‘materially below’ prior guidance
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