Headquarters: Vancouver, WA
Founder & CEO: Scott Keeney
IPO: April 26, 2018
** chart before earnings **
** chart after earnings **
- Reports Q1 (Mar) earnings of $0.10 per share, $0.02 better than the Capital IQ Consensus of $0.08; revenues rose 42.1% year/year to $42.5 mln vs the $42.06 mln Capital IQ Consensus and $41-43 mln guidance in IPO prospectus; gross margin of 34.7% vs. 33-36% guidance.
- Co issues upside guidancefor Q2, sees Q2 revs of $48-52 mln vs. $48.13 mln Capital IQ Consensus, gross margin to be in the range of 33.0% to 36.0%, and income from operations in the range of $5.0 million to $7.0 million.
nLight CEO Scott Keeney.
nLight priced its initial public offering at $16 per share on Thursday, above its expected range, and the stock (LASR) finished the day at $26.95. The company raised $96 million as part of the IPO.