NLight (LASR) Reports Q3 Loss, Tops Revenue Estimates
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NLight (LASR) reported a Q3 loss of $0.08 per share, matching the Zacks Consensus Estimate, and improved from a $0.10 loss per share a year ago. The company exceeded revenue expectations.
November 08, 2024 | 12:30 am
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NLight reported a Q3 loss of $0.08 per share, in line with expectations, and improved from last year's $0.10 loss. The company exceeded revenue estimates.
The company's loss per share was in line with expectations, which is neutral, but the improvement from last year and exceeding revenue estimates are positive indicators. This could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100