LASR Earnings Prediction
The chart below shows how LASR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, LASR sees a +0.68% change in stock price 10 days leading up to the earnings, and a +1.85% change 10 days following the report. On the earnings day itself, the stock moves by -1.26%. This data can give you a slight idea of what to expect for the next quarter's release.
LASR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
56.13M
10.85%
11.12%
Gross Margin
22.36%
13.91%
-4.69%
Operating Margin
-21.02%
-15.07%
-16.32%
Net Margin
-18.41%
-21.53%
-20.71%
EPS
-0.21
-19.23%
-16.00%
No Data Available
LASR Earnings Analysis
nLIGHT, Inc. Common Stock Corporation (LASR.O) Earnings Conference Call
Positive
Quarterly Revenue Surge: 1. Record Revenue Growth: nLIGHT reported third quarter revenue of $56.1 million, an 11% increase year-over-year, exceeding the midpoint of guidance.
Aerospace Revenue Surge: 2. Aerospace and Defense Surge: The aerospace and defense segment achieved record revenue of $30.3 million, a remarkable 59% increase compared to the same quarter last year.
Record A&D Revenue Growth: 3. Strong Product Performance: A&D product revenue reached a record high of $15.3 million, growing 135% year-over-year and 35% sequentially.
Gross Margin Improvement: 4. Improved Gross Margins: Total gross margin increased to 22% in Q3, up 2 percentage points from 20% in the same period last year, with product gross margin rising to 29% from 24%.
Strong Cash Reserves: 5. Solid Cash Position: nLIGHT ended the quarter with cash and investments totaling $107 million and no debt, reflecting a strong balance sheet.
Negative
Industrial Revenue Decline: 1. Decline in Industrial Revenue: Industrial revenue for Q3 was $11.6 million, a significant decrease of 41% compared to $19.7 million in Q3 2023.
Commercial Market Challenges: 2. Weak Commercial Market Outlook: The company expects continued pressure in the commercial business, with no significant rebound anticipated from Q4 levels into 2025.
Rising Operating Expenses: 3. Increased Operating Expenses: Non-GAAP operating expenses rose to $18.3 million, an increase of $2.3 million compared to Q3 2023, driven by higher employee costs and a $1 million bad debt charge.
Negative EBITDA Outlook: 4. Negative Adjusted EBITDA Guidance: The guidance for adjusted EBITDA in Q4 2024 is expected to be between negative $5 million to negative $2 million, indicating ongoing financial challenges.
Inventory Write-off Effects: 5. Inventory Write-off Impact: An inventory write-off of approximately $900,000 negatively impacted gross margins by 200 basis points, reflecting challenges in the industrial market.
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LASR Earning Call Sentiment
nLIGHT, Inc. (LASR) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
LASR.O
4.15%Positive
The earnings call presents mixed signals. Financial performance shows revenue growth and improved margins, but guidance is weak with negative adjusted EBITDA. The market strategy highlights strong defense sector engagements and a record high in aerospace revenue, yet commercial volatility raises concerns. No shareholder return plan was announced, and operational risks were noted. Q&A insights reveal optimism in defense but uncertainty in commercial sectors. Overall, the sentiment is balanced, with positive defense outlook offset by commercial weakness, resulting in a neutral stock price prediction.