|Bid||0.00 x 900|
|Ask||35.49 x 1200|
|Day's Range||36.27 - 38.75|
|52 Week Range||9.03 - 46.45|
|Beta (5Y Monthly)||2.67|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 17, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||48.00|
nLIGHT, Inc. (Nasdaq:LASR) today announced that it has commenced a proposed underwritten public offering of its common stock pursuant to its existing shelf registration statement. In connection with the proposed offering, nLIGHT expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the offering, at the public offering price, less the underwriting discounts and commissions. nLIGHT intends to use the net proceeds from the proposed offering for working capital, capital expenditures and other general corporate purposes. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering.
DOCU stock, LASR stock and PINS stock lead this list of the best IPOs expecting between 47% and 139% earnings growth in 2021.
Shares of nLight (NASDAQ:LASR) rose in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 300.00% over the past year to $0.12, which beat the estimate of $0.06. Revenue of $65,704,000 higher by 53.17% year over year, which beat the estimate of $62,710,000. Outlook nLight Sees Q1 Sales $56M-$62M Vs $56.13M Estimates Details Of The Call Date: Feb 17, 2021 Time: 05:00 PM View more earnings on LASR ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/lasr/mediaframe/43124/indexr.html Technicals Company's 52-week high was at $43.18 52-week low: $9.04 Price action over last quarter: Up 29.72% Company Profile nLight Inc is a United States-based company engaged in developing semiconductor technology. The company manufactures proprietary fiber production technology, semiconductor lasers, and fibers for industrial, medical, defense and consumer applications. Its segments include Laser Products segment and the Advanced Development segment. It also offers optical fibers and marking lasers. The company markets and sells its products throughout the world through direct sales and distribution channels, out of which a majority of its revenue is generated from North America followed by China. See more from BenzingaClick here for options trades from BenzingaEarnings Scheduled For February 17, 2021© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.