nLIGHT (LASR) reported earnings on Wed 23 May 18 (a/h)

nLight, Inc is an American laser company.  Its fiber laser technology helps more than 300 customers manufacture everything from electric vehicles to smartphones. nLight has customers like Samsung, Raytheon and BAE, with 66 percent of its business is generated outside of the U.S.
Headquarters: Vancouver, WA
Founder & CEO: Scott Keeney
Founded: 2000
nlight.net
IPO:  April 26, 2018

** chart before earnings **

** chart after earnings **

nLIGHT beats by $0.02, beats on revs; guides Q2 revs above consensus 

• Reports Q1 (Mar) earnings of $0.10 per share, $0.02 better than the Capital IQ Consensus of $0.08; revenues rose 42.1% year/year to $42.5 mln vs the $42.06 mln Capital IQ Consensus and $41-43 mln guidance in IPO prospectus; gross margin of 34.7% vs. 33-36% guidance.
• Co issues upside guidancefor Q2, sees Q2 revs of $48-52 mln vs. $48.13 mln Capital IQ Consensus, gross margin to be in the range of 33.0% to 36.0%, and income from operations in the range of $5.0 million to $7.0 million. 

nLight CEO Scott Keeney.

nLight priced its initial public offering at $16 per share on Thursday, above its expected range, and the stock (LASR) finished the day at $26.95. The company raised $96 million as part of the IPO.