nLIGHT Inc reports results for the quarter ended December 31 - Earnings Summary

• nLIGHT Inc LASR.OQ reported a quarterly adjusted loss of 30 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -13 cents. The mean expectation of eight analysts for the quarter was for a loss of 20 cents per share. Wall Street expected results to range from -25 cents to -16 cents per share.

• Revenue fell 8.7% to $47.38 million from a year ago; analysts expected $46.62 million.

• nLIGHT Inc's reported EPS for the quarter was a loss of 51 cents​.

• The company reported a quarterly loss of $24.96 million.

• nLIGHT Inc shares had fallen by 6.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 42.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the semiconductors peer group is also "buy"

Wall Street's median 12-month price target for nLIGHT Inc is $14.50

This summary was machine generated from LSEG data February 27 at 11:34 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)