The midpoint of $64.5 million includes Products revenue of approximately $45 million and Advanced Development revenue of approximately $19 million. nLIGHT (LASR) expects overall gross margin to be in the range of 24% to 30%, with Products gross margin in the range of 32% to 36% and Advanced Development gross margin of approximately 8%. nLIGHT expects Adjusted EBITDA to be in the range of $2.0 million to $6.0 million.
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