• nLIGHT Inc LASR.OQ reported a quarterly adjusted loss of 8 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -10 cents. The mean expectation of eight analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -11 cents to -6 cents per share.

• Revenue rose 10.9% to $56.13 million from a year ago; analysts expected $55.27 million.

• nLIGHT Inc's reported EPS for the quarter was a loss of 21 cents​.

• The company reported a quarterly loss of $10.34 million.

• nLIGHT Inc shares had risen by 37.3% this quarter and gained 8.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the semiconductors peer group is also "buy"

Wall Street's median 12-month price target for nLIGHT Inc is 16.50

This summary was machine generated from LSEG data November 8 at 04:29 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)