nLight Q3 Adj EPS $(0.10) Misses $(0.08) Estimate, Sales $50.63M Beat $49.29M Estimate
Portfolio Pulse from bharat@benzinga.com
nLight (NASDAQ:LASR) reported Q3 losses of $(0.10) per share, missing the analyst consensus estimate of $(0.08) by 25 percent. However, the company's quarterly sales of $50.63 million beat the analyst consensus estimate of $49.29 million by 2.73 percent.
November 02, 2023 | 8:20 pm
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NEUTRAL IMPACT
nLight's Q3 earnings per share missed estimates by 25%, but sales beat estimates by 2.73%.
nLight's Q3 earnings per share missed estimates, which could negatively impact the stock. However, the company's sales beat estimates, which could have a positive impact. The net effect on the stock is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100