LASR Q3 2023 Earnings — nLIGHT, Inc. Revenue & Financial Results | Market Cap Arena

LASRnLIGHT, Inc.

$4B

Q3 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$51M-15.7% YoY

Gross Profit

$10M19.6% margin

Operating Income

-$13M-24.7% margin

Net Income

-$12M-23.5% margin

EPS (Diluted)

$-0.26

QoQ Revenue Growth

-5.0%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$10M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$313M

Total Liabilities

$53M

Stockholders' Equity

$260M

Cash & Equivalents

$52M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$51M	$60M	-15.7%
Gross Profit	$10M	$13M	-26.3%
Operating Income	-$13M	-$13M	+3.5%
Net Income	-$12M	-$13M	+8.3%

Revenue Segments

Industrial

$20M39%

Aerospace and Defense

$19M38%

Microfabrication

$12M24%

Geographic Segments

North America

$31M62%

Rest of World, Excluding China and North America

$17M33%

CHINA

$3M5%