NLight: Overview of Fourth Quarter Financial Results

nLight Inc. Announces Fourth Quarter Financial Results

nLight Inc., headquartered in Camas, Washington, disclosed a net loss of $4.9 million for its fourth quarter.

The company reported a loss of $0.10 per share. After adjusting for expenses related to stock options and restructuring, adjusted earnings reached $0.14 per share.

These adjusted earnings surpassed the expectations of analysts, who, according to a Zacks Investment Research survey, had predicted earnings of $0.11 per share.

During the quarter, the laser technology firm generated $81.2 million in revenue.

Looking at the full year, nLight posted a total loss of $23.5 million, or $0.47 per share, with annual revenue totaling $261.3 million.

For the first quarter ending in March, the company anticipates revenue to fall between $70 million and $76 million.