nLight: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
nLight (NASDAQ:LASR) reported Q4 earnings with an EPS of $-0.13, beating estimates by 7.14% but with a revenue decrease of $4.79 million year-over-year. Despite missing EPS estimates last quarter, the share price increased by 5.54% the following day. The company's past earnings performance shows mixed results with varying EPS and revenue figures across the last four quarters.
February 22, 2024 | 9:20 pm
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nLight reported Q4 earnings with an EPS of $-0.13, surpassing estimates by 7.14%, despite a revenue decrease from the previous year. The company's share price historically increased following last quarter's earnings miss.
Beating EPS estimates typically has a positive impact on stock prices, as it indicates better-than-expected financial health. However, the decrease in revenue year-over-year could temper investor enthusiasm. Historical data showing a share price increase following an earnings miss last quarter suggests market confidence in nLight's long-term prospects.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100