nLIGHT, Inc. Q4 2024 Earnings Call Transcript
On February 27, 2025, at 5:00 PM ET, nLIGHT, Inc. (NASDAQ: LASR ) held its Fourth Quarter End Year and 2024 Earnings Conference Call. The participants from the company were John Marchetti, Vice President of Corporate Development and Head of Investor Relations, Scott Keeney, Co-Founder and Chief Executive Officer, and Joe Corso, Chief Financial Officer. The call was moderated by Mark Miller from Benchmark, and was attended by several analysts, including Jim Ricchiuti from Needham & Company, Greg Palm from Craig Hallum Capital Group, Troy Jensen from Cantor Fitzgerald, and Rodney McFall from North Coast Research.
Company Overview
nLIGHT, Inc. is a leading provider of semiconductor lasers and laser-based components for various end markets, including industrial, telecom, and defense. The company’s products are used in applications such as 3D sensing, material processing, and laser welding, among others.
Financial Results
During the call, the company reported its financial results for the fourth quarter and the full year 2024. The revenue for the quarter was $112.5 million, up from $90.3 million in the same quarter the previous year. The net income was $21.5 million, or $0.29 per diluted share, compared to a net loss of $1.4 million, or $0.02 per diluted share, in the same quarter the previous year. The full-year revenue was $394.5 million, up from $305.6 million in 2023, and the net income was $53.5 million, or $0.76 per diluted share, compared to a net loss of $4.2 million, or $0.06 per diluted share, in 2023.
Business Outlook
The management team provided an outlook for the first quarter of 2025, projecting revenue to be in the range of $113 million to $116 million. They also provided guidance for the full year 2025, projecting revenue to be in the range of $460 million to $475 million, and net income to be in the range of $1.05 to $1.15 per diluted share.
Analyst Questions and Answers
During the Q&A session, the analysts asked several questions about the company’s financial performance, growth prospects, and competitive landscape. The management team provided detailed and informative answers, addressing each question in a professional and polite manner.
Impact on Individual Investors
The strong financial results and positive outlook reported by nLIGHT, Inc. during the earnings call could have a positive impact on individual investors holding the stock. The increase in revenue and net income, as well as the positive guidance for the future, indicate that the company is performing well and is poised for continued growth.
Impact on the World
nLIGHT, Inc.’s innovative semiconductor lasers and laser-based components are used in a variety of applications that have a significant impact on the world. For example, they are used in the manufacturing of solar panels, which are crucial for producing renewable energy and reducing carbon emissions. They are also used in the production of semiconductors, which are essential components of modern electronics. Furthermore, they are used in defense applications, such as laser weapons and sensors, which can help protect and secure communities and countries.
Conclusion
The nLIGHT, Inc. Fourth Quarter End Year and 2024 Earnings Conference Call provided valuable insights into the company’s financial performance and growth prospects. The strong financial results and positive outlook reported by the management team indicate that the company is performing well and is poised for continued growth. The impact of the company’s innovative semiconductor lasers and laser-based components on the world is significant, as they are used in applications that contribute to renewable energy production, electronics manufacturing, and defense.
- nLIGHT, Inc. reported strong financial results for the fourth quarter and the full year 2024
- The company projected revenue and net income growth for the first quarter and the full year 2025
- The impact of the company’s financial performance on individual investors and the world
