NLight: Q2 Earnings Snapshot

Associated Press Finance
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CAMAS, Wash. (AP) — CAMAS, Wash. (AP) — NLight Inc. (LASR) on Thursday reported a loss of $8.8 million in its second quarter.

On a per-share basis, the Camas, Washington-based company said it had a loss of 19 cents. Losses, adjusted for stock option expense and amortization costs, came to 2 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.

The laser maker posted revenue of $53.3 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $52.4 million.

For the current quarter ending in September, nLight said it expects revenue in the range of $47 million to $51 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LASR at https://www.zacks.com/ap/LASR

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