NASDAQ$LASR
nLIGHT Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported record quarterly revenues and exceeded the high-end of third quarter outlook due to strong performance in each of its end markets and geographies.
nLIGHT, Inc. reported a 40.9% increase in revenues to $61.7 million for Q3 2020, with a gross margin of 27.8%. The GAAP net loss was $(2.1) million, or $(0.05) per diluted share, while non-GAAP net income was $5.3 million, or $0.12 per diluted share.
- Delivered record quarterly revenues and exceeded the high-end of third quarter outlook.
- Strong performance in each of the end markets and geographies.
- Increased sales and a favorable mix resulted in higher gross margins and better overall profitability compared to the prior quarter.
- Continue to see strong demand from customers globally in the fourth quarter.
Headline financials
Revenue & EPS history
nLIGHT · Revenue · Quarterly
$61.7M
Revenue by segment
nLIGHT · $61.7M total across 2 segments · Q3 2020
- Products$51.1M—82.8%
- Development$10.6M—17.2%
Forward guidance
For the fourth quarter of 2020, nLIGHT expects revenues to be in the range of $59 million to $65 million, gross margin to be in the range of 25% to 29%, and Adjusted EBITDA to be in the range of $3 million to $7 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+3.4%
Avg return
Earnings day
+3.7%
Avg return
5 days after
+4.5%
Avg return
30 days after
56%
20 / 36 earnings
Positive
+40.0%
Q3 2020
Best reaction
-20.1%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +12.0% | +21.9% | -0.1% | |
| Q4 2025 | -10.3% | +6.5% | +2.2% | |
| Q3 2025 | +14.6% | +11.6% | +22.3% | |
| Q1 2025 | +36.1% | +49.1% | +104.4% | |
| Q4 2024 | +1.0% | -0.2% | -12.4% | |
| Q3 2024 | -20.1% | -20.9% | -21.7% | |
| Q2 2024 | -9.8% | -12.2% | -1.1% | |
| Q1 2024 | +6.9% | +12.6% | +15.8% | |
| Q4 2023 | -11.9% | -4.7% | -7.8% | |
| Q3 2023 | +9.7% | +12.6% | +61.0% | |
| Q2 2023 | -12.4% | -17.6% | -15.1% | |
| Q1 2023 | +37.8% | +27.8% | +54.9% | |
| Q4 2022 | -14.1% | -11.8% | -25.8% | |
| Q3 2022 | -11.5% | -6.5% | +4.9% | |
| Q2 2022 | -2.2% | -10.3% | -11.1% | |
| Q1 2022 | -2.7% | -12.3% | -10.4% | |
| Q4 2021 | +5.8% | +5.3% | +20.3% | |
| Q3 2021 | -10.0% | -16.6% | -26.0% | |
| Q2 2021 | -4.5% | -8.3% | -9.8% | |
| Q1 2021 | +2.8% | +4.3% | +8.2% | |
| Q4 2020 | -5.6% | +2.3% | -16.3% | |
| Q3 2020 | +40.0% | +27.2% | +51.1% | |
| Q2 2020 | +7.1% | +2.8% | -8.4% | |
| Q1 2020 | +20.9% | +35.0% | +45.6% | |
| Q4 2019 | +6.9% | -8.8% | -45.9% | |
| Q3 2019 | +12.9% | +17.5% | +40.7% | |
| Q2 2019 | -9.0% | -4.6% | -10.9% | |
| Q1 2019 | -3.0% | -12.5% | -25.7% | |
| Q4 2016 | +6.4% | +7.6% | +12.3% | |
| Q4 2018 | -0.9% | +6.2% | +4.1% | |
| Q3 2017 | -3.6% | -5.5% | -10.1% | |
| Q3 2018 | +7.1% | -0.1% | -2.4% | |
| Q2 2017 | +5.7% | +7.1% | -16.9% | |
| Q2 2018 | +3.3% | +9.2% | -14.1% | |
| Q1 2017 | +4.1% | +1.7% | -3.8% | |
| Q1 2018 | +14.4% | +17.7% | +10.1% |
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