LASR Q2 2023 Earnings — nLIGHT, Inc. Revenue & Financial Results | Market Cap Arena

LASRnLIGHT, Inc.

$4B

Q2 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$53M-12.4% YoY

Gross Profit

$12M22.7% margin

Operating Income

-$12M-21.9% margin

Net Income

-$9M-16.6% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

-1.5%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$5M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$322M

Total Liabilities

$57M

Stockholders' Equity

$265M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$53M	$61M	-12.4%
Gross Profit	$12M	$15M	-21.3%
Operating Income	-$12M	-$10M	-13.3%
Net Income	-$9M	-$10M	+14.7%

Revenue Segments

Aerospace and Defense

$25M46%

Industrial

$17M31%

Microfabrication

$12M23%

Geographic Segments

North America

$34M64%

Rest of World, Excluding China and North America

$16M30%

CHINA

$3M5%