nLIGHT (NASDAQ:LASR) Posts Earnings Results, Misses Expectations By $0.21 EPS

nLIGHT (NASDAQ:LASR) announced its quarterly earnings results on Thursday. The company reported ($0.42) EPS for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.21), Zacks reports. nLIGHT had a negative net margin of 24.16% and a negative return on equity of 19.53%. The firm had revenue of $47.38 million for the quarter, compared to analyst estimates of $46.62 million. nLIGHT updated its Q1 2025 guidance to EPS.

nLIGHT Stock Performance

Shares of NASDAQ LASR traded up $0.09 during midday trading on Friday, hitting $9.17. 760,890 shares of the stock traded hands, compared to its average volume of 380,182. The company has a market cap of $444.09 million, a PE ratio of -8.90 and a beta of 2.18. nLIGHT has a one year low of $9.04 and a one year high of $14.73. The business has a 50 day moving average price of $10.71 and a two-hundred day moving average price of $11.02.

Insider Activity

In other news, CFO Joseph John Corso sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $10.92, for a total transaction of $27,300.00. Following the completion of the sale, the chief financial officer now owns 155,129 shares in the company, valued at $1,694,008.68. The trade was a 1.59 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Scott H. Keeney sold 15,000 shares of nLIGHT stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $11.19, for a total value of $167,850.00. Following the transaction, the chief executive officer now directly owns 1,340,146 shares in the company, valued at approximately $14,996,233.74. The trade was a 1.11 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 31,019 shares of company stock worth $331,365 over the last quarter. 6.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Stifel Nicolaus cut their price target on nLIGHT from $17.00 to $14.00 and set a “buy” rating on the stock in a research note on Wednesday, January 15th. Needham & Company LLC lowered their price objective on nLIGHT from $16.00 to $14.00 and set a “buy” rating for the company in a research report on Tuesday, January 21st.

nLIGHT Company Profile

nLIGHT, Inc designs, develops, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. The company operates in two segments, Laser Products and Advanced Development. It offers semiconductor lasers with various ranges of power levels, wavelengths, and output fiber sizes; and programmable and serviceable fiber lasers for use in industrial and aerospace and defense applications.