nLIGHT (NASDAQ:LASR) Posts Earnings Results, Misses Expectations By $0.21 EPS

nLIGHT (NASDAQ:LASR) posted its quarterly earnings results on Thursday. The company reported ($0.42) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.21) by ($0.21), Zacks reports. nLIGHT had a negative net margin of 24.16% and a negative return on equity of 19.53%. nLIGHT updated its Q1 2025 guidance to EPS.

nLIGHT Stock Performance

LASR stock opened at $9.08 on Friday. nLIGHT has a 1 year low of $9.04 and a 1 year high of $14.73. The stock has a market capitalization of $439.74 million, a price-to-earnings ratio of -8.82 and a beta of 2.18. The stock’s fifty day moving average is $10.71 and its two-hundred day moving average is $11.02.

Analyst Upgrades and Downgrades

LASR has been the subject of several recent research reports. Needham & Company LLC lowered their target price on shares of nLIGHT from $16.00 to $14.00 and set a “buy” rating for the company in a research note on Tuesday, January 21st. Stifel Nicolaus dropped their price objective on shares of nLIGHT from $17.00 to $14.00 and set a “buy” rating on the stock in a research note on Wednesday, January 15th.

Insider Transactions at nLIGHT

In other nLIGHT news, CEO Scott H. Keeney sold 12,013 shares of the company’s stock in a transaction dated Tuesday, December 24th. The shares were sold at an average price of $9.96, for a total value of $119,649.48. Following the completion of the transaction, the chief executive officer now owns 1,340,146 shares in the company, valued at approximately $13,347,854.16. This represents a 0.89 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Joseph John Corso sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $10.92, for a total transaction of $27,300.00. Following the completion of the sale, the chief financial officer now owns 155,129 shares in the company, valued at $1,694,008.68. The trade was a 1.59 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 31,019 shares of company stock worth $331,365. Insiders own 6.10% of the company’s stock.

About nLIGHT

nLIGHT, Inc designs, develops, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. The company operates in two segments, Laser Products and Advanced Development. It offers semiconductor lasers with various ranges of power levels, wavelengths, and output fiber sizes; and programmable and serviceable fiber lasers for use in industrial and aerospace and defense applications.