Nuburu (NYSEAMERICAN:BURU) Announces Earnings Results

Nuburu (NYSEAMERICAN:BURU) announced its earnings results on Wednesday. The company reported ($0.01) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $0.41 million for the quarter.

Nuburu Price Performance

Shares of Nuburu stock opened at $0.19 on Thursday. The firm has a market capitalization of $30.04 million, a PE ratio of 0.00 and a beta of 1.45. The company’s fifty day moving average price is $0.22 and its two-hundred day moving average price is $0.67. Nuburu has a 52-week low of $0.15 and a 52-week high of $4.25.

Institutional Investors Weigh In On Nuburu

Several institutional investors and hedge funds have recently bought and sold shares of the business. Millennium Management LLC bought a new stake in Nuburu in the 4th quarter valued at $121,000. State Street Corp bought a new stake in Nuburu in the 4th quarter valued at $48,000. Commonwealth Equity Services LLC bought a new stake in Nuburu in the 4th quarter valued at $25,000. Geode Capital Management LLC increased its holdings in Nuburu by 103.6% in the 4th quarter. Geode Capital Management LLC now owns 1,001,765 shares of the company’s stock valued at $159,000 after buying an additional 509,625 shares during the period. Finally, Allworth Financial LP bought a new stake in Nuburu in the 4th quarter valued at $94,000. Institutional investors own 41.61% of the company’s stock.

About Nuburu

Nuburu, trading on the NYSE American under the ticker BURU, is a U.S.-based photonics company specializing in the development and manufacture of high-power blue laser diodes and laser systems for industrial manufacturing applications. Leveraging proprietary gallium nitride (GaN) semiconductor technology, Nuburu’s lasers operate at a wavelength of 450 nanometers, offering significantly improved absorption in copper and copper alloys compared to traditional infrared lasers. This enables faster processing speeds, higher precision, and reduced thermal distortion in materials processing tasks such as welding, brazing, cladding, and powder bed fusion additive manufacturing.

Founded in 2018 and headquartered in Chapel Hill, North Carolina, Nuburu serves a global customer base that includes manufacturers in the automotive, electronics, aerospace, and additive manufacturing sectors.